Industrial investors expand in Orange County

Space completely vacant at closing

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Orange County, Calif., investors have acquired a substantially improved, 90,000-square-foot industrial building on 4.1 acres of land in Anaheim, Calif. The value of the transaction was $7.5 million. 900 Arlee LP purchased the property, located at 900 E. Arlee Place. The currently vacant, concrete tilt-up building features 8,000 square feet of office space, 20 dock-high and six ground-level leading positions, 26-foot minimum interior clearance, a large service yard and generous on-site parking. GVA DAUM represented the buyers. Cushman & Wakefield represented Preissman Family Limited Partnership, the sellers. GVA DAUM is a commercial real estate brokerage operating in Southern California and Arizona. *** What's your opinion? Send your Letter to the Editor to opinion@inman.com....