ORANGE, CA. (Sept. 24, 2012) Colliers International, the
third largest global real estate services organization, has completed the
$1,059,000 sale of a 10,000-square-foot industrial building located at 1721 Lime St. in Orange, Calif.
Chuck Wilson (top right photo) and Blake Garrett (lower left photo) of Colliers International
represented the buyer, Excell Excavating, Inc., an excavating and demolition
company, who will use the property for its corporate headquarters.
Mike Hefner and Mike Vernick with Voit represented the
seller, Berg Family Trust from Laguna Hills, Calif. The tenant is expanding and
relocating from Laguna Niguel, Calif.
“A building of this size with a fenced yard is hard for an
owner/user to find in Orange County as the for-sale market is extremely tight,”
said Wilson, senior vice president with Colliers International. “We were able
to identify this opportunity for the buyer who will begin making significant
improvements to the property which had some deferred maintenance.”
Built in 1976, the free-standing industrial building offers
a fenced yard and is situated on .56 acres. The property is well located near
the major freeways in Orange County.
Contact:
Darcie Giacchetto
Spaulding Thompson & Associates
949.278.6224
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