SoCal industrial assets change hands
Deals involve warehouses, land
By Inman News, Friday, January 6, 2006.Voit Commercial Brokerage has closed four industrial sales transactions totaling more than 84,000 square feet across Southern California.
The total value of the transactions was $14.6 million.
In the first transaction, McLellan Estate Co. sold a 46,308-square-foot, multitenant industrial park for $4.5 million. The project is located at 8331-8341 Artesia Blvd. in Buena Park. The Olson Co. purchased the property.
In the second transaction, Rancho Way LLC acquired a 6.45-acre industrial land parcel for $3.4 million. The land parcel is located at 22395 Forest Boundary Road in Corona. Drew Partners sold the asset.
In the third deal, The Sterling Trust acquired a 22,350-square-foot industrial building for $3.4 million. The single-tenant warehouse is located at 1201 East Wakeham Ave. in Santa Ana. The seller's identity was not disclosed.
In the final transaction, Rosebay LLC acquired a 15,940-square-foot industrial building for $3.3 million. The property is located at 26651 Cabot Road in Laguna Hills. Ko Family Trust was the seller.
A subsidiary of The Voit Cos., Voit Commercial Brokerage has offices in Irvine, Anaheim, Chula Vista, San Diego and Las Vegas.
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