The complex, at 15715 E. Arrow Highway in Irwindale, has 74,500sf of office and high-tech manufacturing space on a 4.92-acre site.Cordis Webster, a unit of Johnson & Johnson Inc., signed along-term lease for the entire complex earlier this year.
Cordis Webster is one of the world's largest makers of heartcatheters. It only recently began moving into the development.
The City of Industry office of CB Richard Ellis office andTorrance office of Industrial Realty Group represented the sellers.The Newport Beach office of attorneys O'Melveny & Myersrepresented the buyer, the Louis Mickel Trust.
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