PLACENTIA, CA-Mason West, a specialist in equipment used in seismic engineering and noise control, will be the new occupant of a 35,785-sf industrial property. New owner MJJ Partners acquired the asset from Miraloma Properties II in one of a flurry of recent industrial deals in Orange County. Chris Migliori of Daum Commercial Real Estate, a member of Oncor International, describes the property as a high-image corporate headquarters on 1.8 acres.
Built in 1999, the new Mason West facility is at 1601 E. Miraloma Ave. and sold for $5.6 million. Migliori represented the seller, with the buyer represented by Greg Osborne of Grubb & Ellis and Greg Johnson of Ashwill Associates.
The Miraloma Avenue deal was one of five industrial sales and leases that Migliori closed recently that totaled nearly $15 million and involved buildings ranging from 31,000 sf to 11,280 sf, with Migliori representing the seller in all but one of the sales. In the second deal, a 31,000-sf property at 726 W. Nicolas Ave. in Orange was sold to Nguyen Properties Inc. by the Sommerfield Family Trust, with Steve Crane of Lee & Associates representing the buyer.
In the third deal, in Anaheim, L&M Machining Corp. signed a five-year, $1.1 million lease for a 30,210-sf industrial building at 2770 E. Coronado St. Migliori represented the landlord, Taormina Industries LLC, with Brian Miller and David Williams of Lee & Associates representing L&M Machining, for which the lease is part of a two-fold expansion.
In the fourth of the five deals, Arche Properties Group LLC bought a 13,460-sf building at 1040 E. Howell Ave. in Anaheim's Platinum Triangle from Technology Partners LLC. Migliori partnered with Paul Gingrich of Daum's Anaheim office to represent the seller, with the buyer represented by Mitch Zehner of Voit Commercial Brokerage.
In the last of the deals, irrigation and drainage equipment supplier Imperial Sprinkler Supply Inc. bought an 11,280-sf building at 3402 W. Harvard St. in Santa Ana, with Migliori representing the buyer. The property will be a distribution center and the 11th location in Southern California for Imperial. The seller was Four Score LLC, which was represented by Greg Velastegui of Voit Commercial Brokerage.
© Arc, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to TMSalesOperations@arc-network.com. For more information visit Asset & Logo Licensing.