Orange County, CA – Mitch Zehner (top right photo) and Seth Davenport (middle left photo) of Voit Real Estate Services’ Anaheim office have successfully directed the $7.25 million acquisition of an 82,544 square-foot industrial building situated on 4.56 acres in Anaheim, Calif. on behalf of the buyer.
The building, previously occupied by a hardwood distribution company, will be fully occupied by the buyer, a North Orange County-based Aerospace Shop, according to Zehner, an Executive Vice President in Voit’s Anaheim office.
Zehner and Davenport represented BT La Palma as the buyer in the transaction. This is a relocation for BT La Palma, as the firm is moving its business from a neighboring city in North Orange County, according to Zehner.
“Our client was seeking a large industrial building in Anaheim with ample yard space to accommodate its aerospace business,” explained Zehner. “As industrial inventory continues to tighten in Anaheim, properties with these specifications are becoming rare commodities.”
Zehner noted that because the Voit team is constantly tracking the OC industrial market, they were able to quickly identify and secure this facility, which met their client’s operational and location needs.
The seller, Dunham & Gilliland LLC, was represented by Clyde Stauff of Colliers International.
This free-standing building is located at 4890 E. La Palma Avenue (bottom right photo) in Anaheim, Calif. with major street visibility on La Palma Avenue, according to Zehner.
Contact:
Jenn Quader/ Judith Brower
Brower, Miller & Cole
(949) 955-7940
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