The group has purchased a 220,000-sf manufacturing plant, withplans to demolish it. "In this case, the value of the 15.497-acreparcel on which the building is located, was the motivating factorfor Kaiser's acquisition," says Rob Socci of Voit CommercialBrokerage, who worked on the deal. Kaiser plans to build amulti-story, patient-care center on the site, which is located at3400 E. LaPalma Ave.

Kaiser currently serves 8.1 million members in nine states andthe District of Columbia. Working as an integrated health deliverysystem, the group organizes and provides or coordinates members'care.

Mike Finley, Mike Merk and Bob O'Neill, all of Grubb & EllisCo., represented Kaiser. Rob Socci of Voit Commercial Brokeragehandled talks for the seller, Cinram. A manufacturer of CDs andDVDs, Cinram has consolidated its manufacturing operations into twolocations in Alabama and Florida.

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