Avison Young completes acquisition of 14,330-sf industrial property in Anaheim, CA

Avison Young completes acquisition of 14,330-sf industrial property in Anaheim, CA 26 Oct 2020

Irvine, CA – Avison Young announced today it has completed the acquisition of a 14,330 square-foot industrial building located at 4511 and 4515 E. Eisenhower Circle in Anaheim, CA.

Avison Young Principals Alan Pekarcik and Senior Associate Chris Smith who are based out of the firm’s Orange County office, represented the buyer, an Orange County-based private investor. The seller, a Southern California-based private investor, was represented by Lawrence Null of Lee & Associates.

Situated on 0.69 acres, the property features 16’ minimum ceiling height in the warehouse, 2,695 sf of office space, four ground-level loading doors, and a fenced yard. The property is fully occupied by D&S Industries, Inc., a family owned and operated precision manufacturing company.

“Our client liked this fully leased asset as it was a good fit with its portfolio and is in a very tight industrial infill submarket,” said Smith. “The buyer plans on holding this cash-flowing asset long-term.”

Avison Young creates real economic, social and environmental value as a global real estate advisor, powered by people. As a private company, our clients collaborate with an empowered partner who is invested in their success. Our integrated talent realizes the full potential of real estate by using global intelligence platforms that provide clients with insights and advantage. Together, we can create healthy, productive workplaces for employees, cities that are centers for prosperity for their citizens, and built spaces and places that create a net benefit to the economy, the environment and the community.

Avison Young is a 2020 winner of the Canada's Best Managed Companies Platinum Club designation, having retained its Best Managed designation for nine consecutive years.

www.avisonyoung.com

 

Follow Avison Young

Twitter (News) Twitter (Deals) Blog LinkedIn YouTube Instagram

 

For more information:

  • Darcie Giacchetto, Places Public Relations, 949.278.6224