A San Juan Capistrano, Calif.-based commercial real estate investment firm bought a 12-building industrial property portfolio for almost $30 million, the company said today.

Birtcher Anderson Realty LLC has acquired a 12-building, 251,219-square-foot industrial property portfolio for approximately $28.8 million from Newport Beach-based ZMI Real Estate Inc., the company said.

The Southern California portfolio includes Carson Industrial Center in Carson, Civic Commerce Center in Irwindale and Simpson Business Park in Escondido. The properties were nearly 100 percent occupied at closing by small local tenants.

Both the buyer and seller represented themselves in the transaction. Knightsbridge Realty Capital of Newport Beach acted as the mortgage broker.

The two-building Carson Industrial Center in Carson, Calif., was built in 1970, totals 94,230 square feet and is situated on 4.36 acres. The Civic Commerce Center in Irwindale 101,044 square feet and is on 6 acres.

The Simpson Business Park in Escondido totals 55,945 square feet and is situated on 3.2 acres.


What’s your opinion? Send your Letter to the Editor to opinion@inman.com.

Show Comments Hide Comments


Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
By submitting your email address, you agree to receive marketing emails from Inman.
Thank you for subscribing to Morning Headlines.
Back to top
Only 3 days left to register for Inman Connect Las Vegas before prices go up! Don't miss the premier event for real estate pros.Register Now ×
Limited Time Offer: Get 1 year of Inman Select for $199SUBSCRIBE×
Log in
If you created your account with Google or Facebook
Don't have an account?
Forgot your password?
No Problem

Simply enter the email address you used to create your account and click "Reset Password". You will receive additional instructions via email.

Forgot your username? If so please contact customer support at (510) 658-9252

Password Reset Confirmation

Password Reset Instructions have been sent to

Subscribe to The Weekender
Get the week's leading headlines delivered straight to your inbox.
Top headlines from around the real estate industry. Breaking news as it happens.
15 stories covering tech, special reports, video and opinion.
Unique features from hacker profiles to portal watch and video interviews.
Unique features from hacker profiles to portal watch and video interviews.
It looks like you’re already a Select Member!
To subscribe to exclusive newsletters, visit your email preferences in the account settings.
Up-to-the-minute news and interviews in your inbox, ticket discounts for Inman events and more
1-Step CheckoutPay with a credit card
By continuing, you agree to Inman’s Terms of Use and Privacy Policy.

You will be charged . Your subscription will automatically renew for on . For more details on our payment terms and how to cancel, click here.

Interested in a group subscription?
Finish setting up your subscription