The building, which has been purchased by Fred R. Rippy Inc.,encompasses 38,400 sf. It is located at 12450 Whittier Blvd.

Rippy Inc. was represented by Larry Lawrence of Lee &Associates' Orange office. The seller, The Garson Family Trust, wasrepresented by Robert Leiter and Elizabeth Hughes, also based inLee & Associates' Orange office.

The deal is the latest in a string of industrial transactions tooccur in the county's tight market. A 10-year lease for 10.7 acresof industrial land was recently inked in Lake View Terrace, asreported yesterday by Globest.com. The deal is valued at $3.3million. The transaction occurred between tenant D&L StudioTransportation Inc. and landlord Woods-Hayden Partnership.

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