Wednesday, May 9, 2012

Voit Helps Orange County, CA Flooring Company Move To Brea, CA With New 62,650 SF Industrial Lease




Orange County, CA, (May 9, 2012) – Mitch Zehner and Seth Davenport of Voit Real Estate Services’ Anaheim office have completed the new, 60-month, $1.6 million lease of a 62,650 square-foot industrial warehouse at 450 Delta Ave (top left photo). in Brea, Calif. on behalf of the lessor.

The free-standing building will be fully occupied by Kelly-Wright Hardwoods, Inc., which is relocating to Brea from East Anaheim, according to Mitch Zehner (middle right photo), Executive Vice President in Voit’s Anaheim office.

Zehner worked with Seth Davenport (lower left photo), a Senior Vice President with Voit, to represent Adler Investment Company as the lessor.  Based in Santa Monica, Adler Investment Co. is a private real estate investment firm.

“This transaction speaks to the quality of Adler Investment’s building, as well as the Voit team’s ability to identify and secure a strong tenant in a short amount of time," said Zehner. 

“The building was fully occupied when Voit took on the assignment, but the current tenant had recently acquired a new facility in Brea and was planning to move.  The Voit team drew upon our strong relationships here in Orange County to identify Kelly-Wright as the new tenant for the space, and we worked quickly to close the deal in order to ensure consistent cash flow for our client.”

The lessee, Kelly-Wright Hardwoods, Inc., has been a provider of plywood, lumber and mouldings since 1982.  Garrett McClelland and Zach Niles of 360 Commercial Partners represented Kelly-Wright Hardwoods, Inc. in the transaction.

Contact:

Jenn Quader/ Judith Brower
Brower, Miller & Cole
(949) 955-7940


1 comment:

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