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FOOTHILL RANCH, CA-Ryadon Inc. has signed a seven-year lease valued at more than $2.6 million for a 39,640-sf industrial building.

Located in the Wright Circle Business Park at 25932 Wright Circle, the buyer, a manufacturer and distributor of machine tooling equipment, plans to occupy the building in December.

Ryadon was represented by brokers from Lee & Associates’ Irvine Spectrum office. The seller, Foothill Burke Wright Circle LLC, was represented by CB Richard Ellis’ Newport Beach office in the transaction.

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