The buyer, Shriji Enterprises, and the seller, Allied BuildingProducts, were represented by Daum Commercial Real EstateServices.
Another Orange County industrial property recently changedhands, in an Orange deal valued at $2.8 million. An LA-basedinvestment group, RPM Investments, acquired the 36,000-sf facility,as reported last week by Globest.com. The building, which islocated at 1517 Braden Court, was vacant at the time of sale. Theseller was Orange-based BHH Properties.
The county's industrial availability rate for the second quarterof 2001 was at 5.59%, according to a recent report released by VoitCommercial Brokerage. The figure is nearly the same as the secondquarter of 2000, when the rate was 5.52%.
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