Louis Tomaselli of the Anaheim Metro Office of Voit reports thatthe Greenlaw-Guggenheim venture bought the Anaheim Tech Center fromSSR Realty Advisors, with Tomaselli and his Voit partner, MitchZehner, representing the seller. The buyers were represented by RobMitchell of Voit's Anaheim Metro office, along with Tomaselli andZehner. The property is at 950 and 955 E. Ball Road and 1045, 1047,1051 and 1055 East St., close to the Orange (57), Santa Ana (5),Garden Grove (22) and Riverside (91) freeways.Greenlaw andGuggenheim earlier this year bought the 196,460-sf, 10-story TustinCentre mixed-use office development in Tustin for $45 million.Greenlaw is an Orange County-based real estate development andinvestment management company. Formed in March 2003 by Wilbur H.Smith III and John Tumminello Jr., Greenlaw has since acquired 10properties valued in excess of $300 million. Guggenheim is anopen-end diversified real estate portfolio managed by GuggenheimReal Estate LLC of New York.The acquisition of the Anaheim TechCenter further illustrates that the Orange County industrial marketremains strong for property sales while at the same time improvingin the leasing arena, according to Voit, which recently brokered a10-year lease on a 74,698-sf industrial building in Fullerton. Thetenant, Renaissance Doors and Windows, is a manufacturer andinstaller of custom doors and windows throughout Orange County. Itsnew space is at 2425 W. Commonwealth Ave., near the FullertonMunicipal Airport. The average asking triple net lease rate of 56cents per sf per month for industrial space in the third quarter ofthis year is almost a 10% increase from third quarter 2003, notesBrian Corrigan of Voit Commercial Brokerage's Anaheim Metro office.Corrigan and Rob Socci of Voit represented Renaissance and thelandlord, the Pacific West Management division of Hagar PacificProperties.

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