"We're seeing more buyers accessing SBA financing to acquiretheir own building, which is driving an increase in user salesactivity," Britton said. "This is has been a theme over thepast 60-90 days as institutional owners are now offering theirlarger buildings for sale to users as an exit strategy due to thecontinued softness in the leasing market."


Britton was part of a CBRE team including Ben Seybold and RickMcGeagh who represented seller BPG Properties. According to BPG,Advantage will consolidate its business operations from threeseparate locations in Orange County to 1600 N. Kraemer. Advantagechose 1600 N. Kraemer because it allowed the company to upgrade itscorporate image, easily consolidate operations and maintain alocation that was accessible to all of Southern California. Mostimportantly, the building met the power demands of the company'sprinting equipment with up to 6,000 AMPs of electrical service. Inaddition, the City of Anaheim has its own local utility companythat was able to offer competitive rates to Advantage Mailing,which was represented by Steve Brackman at Ashwill Associates.


The building offered the buyer approximately 55,000 square feetof upgraded office space, following a significant renovation byBPG, which bought 1600 Kraemer and a neighboring122,000-square-foot distribution building in 2007. "There are veryfew properties in North Orange County that offer a comparableamount of office space, and as a result, corporate headquartersdeals are few and far between within this submarket," Brittonpointed out.

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