SANTE FE SPRINGS, CA. (Sept. 14, 2012) Colliers International, the third largest global real estate services organization, has completed the $1.55 million sale of a 15,888-square-foot industrial building located at 12236 McCann Dr. (top left photo) in Santa Fe Springs, Calif. Adam Deierling (bottom right photo) and Chris Sheehan of Colliers International represented the seller, Newport Beach-based Kendrick McCann, L.P.
The buyer was Alpha Grinding from Paramount, Calif. who was represented by Brian Held and Robert Flores of CBRE.
Alpha Grinding is consolidating several of its facilities, keeping its space in Paramount for the next year. The company will completely rehab the multi-tenant facility and convert it into a single-tenant property for its specific needs.
“There is very little quality inventory in Santa Fe Springs. The Mid Counties vacancy rate is just below 4 percent,” said Deierling. “If a property is put on the market for sale and is priced well, there will be numerous active buyers interested in pursuing the property.”
Contact:
Darcie Giacchetto
Spaulding Thompson & Associates
949.278.6224
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