Thank you for sharing!

Your article was successfully shared with the contacts you provided.

VERNON, CA-Cal-York, LLC has purchased a 27,653-sf warehouse located here. The property was sold by Bundy/Slauson Investors. The value of the transaction was $1.72M.

The warehouse is located at 3355 E. Slauson Ave. It will be occupied by Cal-York, who is a distributor of home electronics. The site is divided into about 4,000 sf of office with the balance going to warehouse space. The building was erected in 1987, and the buyer plans no extensive renovations.

The user deal is for Cal-York, which is expanding from a smaller property also in Vernon. There were two small local tenants with leases expiring and Cal-York expects to move into the site immediately. The property is estimated to be worth about $62 per sf.

Brandon Burns of Grubb & Ellis acted on behalf of the buyer, Cal-York, while Jeff Bethel and Doug Cline of Lee & Associates represented, Bundy/Slauson Investors, the seller.

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?


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.