X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

FULLERTON, CA-A Fullerton industrial building has been acquired by Malloy Family Partners in a deal valued at $2.4 million.

Malloy Family Partners plans to occupy the 25,265-sf facility, says Dave Williams, a Lee & Associates broker who worked on the deal. The property stands at 1400 E. Orangethorpe Ave.

Williams, Elizabeth Hughes, Rob Leiter and Bryan Miller of Lee & Associates’ Orange office spoke for Malloy Family Partners. The seller, Loomis Family Trust, was represented by Hughes and Leiter.

The deal follows on the heels of the recent sale of Fullerton’s Commonwealth Industrial Park. The 280,000-sf industrial complex was snatched up by Hager Pacific Properties through Pacific West Management, one of its related entities. Comprised of three buildings, the property is located at 2401-2425 W. Commonwealth Ave. and 2410-2440 Artesia Ave. Currently occupied by five industrial tenants, it stands on a 12.5-acre parcel approximately one-half mile east of the Fullerton Airport.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 3 free articles* across the ALM subscription network every 30 days
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

GlobeSt. NET LEASE Awards 2020Event

These awards honor the industry's most influential and knowledgeable real estate executives from the net lease sector.

Get More Information
 

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.