Industrial Buildings Fetch $3.4M, $3M

ANAHEIM, CA-Buyers have acquired industrial buildings here and in Fountain Valley for $3.4 million and nearly $3.1 million, according to the brokerages who negotiated the deals.

In Anaheim, Maude-Marino Valley LLC has purchased two industrial buildings totaling 39,794 sf at 1400 and 1401 Daly St. from a private investor based in Orange County for $3.4 million, according to Voit Commercial Brokerage.

Rob Socci and Nick Roussos represented the seller, with Dan Powers of the Anaheim office of CB Richard Ellis representing the buyer. The two buildings are both freestanding, single-story, concrete tilt-up structures that were constructed in 1977.

In Fountain Valley, two private investors have acquired a 34,128-sf industrial building at 10870 Kalama River Ave. from Ta-Western LLC for $3.05 million, according to NAI Capital Commercial.

David Knowlton and John Manion of NAI Capital Commercial say the buyer will be consolidating two locations into the Fountain Valley building and will use the new facility for the sale of vans. The freestanding building, which includes mezzanine office space, features a fenced and gated yard that fronts the 405 Freeway. Knowlton and Manion represented the buyer, with the seller represented by Jim Snyder and Jack Hogan of Lee & Associates.