Western Saddlery, a provider of products to the thoroughbred race horse trade, has acquired a 53,726-square-foot industrial building in Irwindale, Calif., and sold an industrial building in nearby Baldwin Park.

The total value of the transactions was $4.3 million.

The property is situated on 2.5 acres of land at 16180 Gladstone St. Western Saddlery will use the building for warehousing and distribution. Approximately 25 people will be employed at the site. Occupancy is scheduled for November 2004.

Concurrently, Western Saddlery sold its former facility at 1401 Joanbridge in Baldwin Park to Yury Aquiano, principal of Rigo’s Sheet Metal and Equipment, a metal fabrication business specializing in food processing equipment for restaurants. Rigo’s will employ approximately 20 people at the Joanbridge facility.

GVA DAUM represented Western Saddlery in both transactions.

Grubb & Ellis represented Noel Castellon, the seller of the Irwindale building. Jason Vargas of Heger Realty Corp. represented Aquiano.

GVA DAUM, which provides a full array of commercial real estate services, operates 10 offices throughout Southern California and Arizona.


What’s your opinion? Send your Letter to the Editor to newsroom@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
Thank you for subscribing to Morning Headlines.
Back to top
Time is running out to secure your Connect Now tickets at the lowest price. Don't miss out on a chance to grow yourself and your business.Learn More×
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