IRVINE, CA-GlobeSt.com learns exclusively that three industrial/flex-tech properties totaling approximately $17 million have sold in the Southern California market. The properties are located in Anaheim, Santa Ana and La Mirada.

According to Avison Young principal Dan Vittone, who, along with principal Alan Pekarcik, represented the sellers of the Anaheim and Santa Ana properties and the buyer of the La Mirada property in the transactions, “Demand for multi-tenant industrial parks in Southern California remains strong, especially given the increased activity by 1031-exchange buyers as a result of changes to federal and state tax laws that went into effect January 1, 2013.”

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