Tuesday, September 15, 2020

Lee & Associates Newport Beach Brokers $10 Million Sale of a 48,234-SF Free-standing Industrial Building in Fullerton, CA

Jim deRegt
  
FULLERTON, CA –  Lee & Associates, a nationwide leader in commercial real estate services, announces the sale of a 48,234-square-foot freestanding industrial building located at 1456 Manhattan Avenue in Fullerton, CA for $10,011,111, or $207.55 per square foot.  

Jim deRegt of Lee & Associates Newport Beach represented the Seller, Kanaasardas, LLC and Byron Foss of JLL represented the Buyer, Salher, LLC.


Byron Foss
The Buyer acquired the property to complete a 1031 tax-deferred exchange and expand its business’s manufacturing capacity. 

Contact: 

Jamie Penman
Lee & Associates
(949) 724-4736
jpenman@lee-associates.com

No comments: