In the Fullerton transaction, Rexford Properties LLC acquired a 161,129-sf industrialpark at 2300-2386 E. Walnut Ave. from a San Francisco-based limited liabilitycorporation operating as Market Street Properties, according to Cushman & Wakefield. The property is called the Fullerton Business Center and is a 20-year-old industrialpark that was 85% leased at the time of the transaction, according to Cushman &Wakefield's Jeff Chiate, who along with Rick Ellison represented both parties in thetransaction. The Cushman & Wakefield team also represented Market Street when itacquired the property in January 2003 from Irvine-based real estate investmentcompany CIP Real Estate.
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