Myers Power Products, a manufacturer of electrical-switch gears and metering devices, purchased a 114,000-square-foot industrial building in Corona, Calif.
The value of the transaction was approximately $5.5 million.
Chris Migliori, executive vice president in the Anaheim office of GVA DAUM, reports that Myers Power Products plans a mid-February occupancy of its new headquarters located on a 7.6-acre site at 725 Harrison St. Approximately 150 people will be employed at the facility.
Migliori represented Myers Power Products. Rick John of Collins Commercial represented DJP Family Partners, the sellers. Myers Power Products will consolidate plants in Rancho Dominguez, Santa Fe Springs and Pomona to the Corona site.
GVA DAUM has 10 offices throughout Southern California and Arizona that provide a full array of commercial real estate services, including brokerage, consulting, leasing, sale and property management.
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