Irwindale Business Park sells for $14 million

Mixed-use property fully occupied at closing

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GVA DAUM announced that San Diego-area investors have acquired the fully occupied Irwindale Business Park in Irwindale, Calif., for $14 million. Solana Beach, Calif.-based McMahon Development Group purchased the 127,563-square-foot complex located on 11 acres near the intersection of Irwindale Boulevard and Arrow Highway. Addresses for the four-building property are 5312-5358 Irwindale Blvd. Irwindale Towers Associates LLC sold the property. Irwindale Business Park combines a high percentage of office area with light manufacturing uses. GVA DAUM provides a full array of commercial real estate services, including brokerage, consulting, leasing, sale and property management. *** What's your opinion? Send your Letter to the Editor to opinion@inman.com....