DAUM REPRESENTS SELLER IN THE SALE OF A $1.2 MILLION INDUSTRIAL BUILDING IN GARDEN GROVE, CA

Dec 31, 2015

DAUM REPRESENTS SELLER IN THE SALE OF A $1.2 MILLION INDUSTRIAL BUILDING IN GARDEN GROVE, CA

DAUM Commercial Real Estate Services announced today that it represented the seller in the disposition of a 8,000 square foot industrial building in Garden Grove, CA.  The property is located at 7581-7591 Acacia Avenue and sits on 0.38 acres of land.  The building is divisible into two units and offers 1,270 sq. ft. of office space, 13’ – 15’ clearance, and a fenced yard with two (2) grade level loading doors.  The total consideration of the sale was $1,200,000 ($150.00 PSF).

Jim St. Omer Roy of DAUM’s Newport Beach office represented the seller, Elizabeth Lucia Williams Trust and Tim Arguello of Lee & Associates represented the buyer in the transaction.

DAUM Commercial Real Estate Services provides a full array of commercial real estate services including brokerage, consulting, leasing, sales, corporate services and asset, construction, project and property management.  Founded in 1904, DAUM is California’s oldest and most experienced commercial real estate brokerage company.  DAUM has 10 offices throughout Southern California and Arizona. More information is available at www.daumcommercial.com.

DAUM Commercial Real Estate Services is a member of ONCOR International, a premier global commercial real estate network.  ONCOR International LLC, a subsidiary of Realogy Corporation, oversees the ONCOR International member network.  More information is available at www.oncorintl.com.