DAUM REPRESENTS SELLER IN THE SALE OF A 11,023 SQ. FT. INDUSTRIAL BUILDING IN HUNTINGTON BEACH, CA
Aug 1, 2013
DAUM Commercial Real Estate Services announced today that it represented Pat and Luella Connelly in the disposition of a 11,023 square foot industrial building in Huntington Beach, CA. The property is located at 5285 Production Drive and consists of a freestanding building on a 23,958 square foot corner lot. The building was completed in 1977 and offers two ground level loading doors and 18’ clearance. The total consideration of the sale was $1.54 million ($140 PSF).
Gavin Denniston and Mike Barreiro of DAUM’s Orange County office represented the seller, while Ted Sawyer 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 9 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 members represent over 50 independent commercial real estate brokerages, with more than 2,200 associates, in over 170 offices throughout 32 countries. In 2007 ONCOR International members were collectively responsible for approximately $38.4 billion in commercial real estate volume and over 17,000 commercial real estate transactions. ONCOR International LLC, a subsidiary of Realogy Corporation, oversees the ONCOR International member network. More information is available at www.oncorintl.com.