Voit Completes Sale of Sixth Industrial Building in Orange County’s Kimberly Business Center in Fullerton, CA

 Orange County, CA – Voit Real Estate Services’ Anaheim office has completed the sale of the sixth and final building in Phase One of the Kimberly Business Center (top left photo) in Fullerton, Calif., according to Mitch Zehner (middle right photo), Executive Vice President in Voit’s Anaheim office.

 The 26,540 square-foot industrial building was sold for a total consideration of $3.5 million.

Zehner and Seth Davenport (lower left photo) of Voit’s Anaheim office represented the seller, GLI Kimberly, LLC, and the buyer, GS Enterprises, in the transaction.

“We noticed a pickup in sales activity of mid-sized buildings beginning in late August of 2011, and we’ve seen continued interest in acquiring these smaller and mid-sized buildings,” said Zehner.

“With low interest rates still in place and strong activity among buyers, the amount of mid-sized product available in Orange County is shrinking, and buyers should act quickly if they are hoping to acquire space in this market.”

The Kimberly Business Center, located at 1410-1578 Kimberly Avenue in Fullerton, is comprised of 19 freestanding industrial buildings ranging from 6,000 to 32,000 square feet.  This most recent sale is located at 1410 Kimberly Ave. in Fullerton.  Only seven buildings remain with two of these going into escrow, according to Zehner.

Contact:

Jenn Quader/ Judith Brower

Brower, Miller & Cole

(949) 955-7940

Jquader@browermillercole.com