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IRVINE, CA-Hardware wholesaler Markimex has signed a five-year lease for a 40,000-sf industrial building in the Irvine Business Complex in one of a series of recently closed transactions, including four sales, that totaled nearly $13 million. Markimex, which was represented by Kathe Morgan and Lee McCullough of Colliers International’s Irvine office, is a wholesale supplier of OEM plumbing products, fasteners and hardware.

Markimex will operate its corporate headquarters and southwest regional distribution hub from the industrial facility, which is at 2712 McGaw Ave. and is owned by the Irvine Co., which represented itself in the deal. McCullough notes that Markimex’s current building “was put into play as part of the residential boom when a developer acquired the building as a future multifamily site.” Finding another location in Irvine was important to the wholesale supplier because it wanted to stay in the city, McCullough adds.

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