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ANAHEIM, CA-Contractor KHS&S has sold a 36,000-sf R&D building here for $7.4 million and CT Realty has closed on the $6.9 million sale of a redeveloped building in Fullerton. The Anaheim building is at 5109 E. La Palma Ave. and the Fullerton building at 800 S. Raymond Ave.

The contracting firm, which specializes in themed construction, rock and water feature construction, is one of two tenants in the building, which is 100% occupied. The other tenant is Volt Information Services.

KHS&S has signed a 10-year, triple-net lease for 26,000 sf in the building. Volt, which specializes in the telecommunications and print media industries, has signed a five-year, triple-net lease for the remaining 10,000 sf. Jack Faris of the Anaheim Metro office of Voit Commercial Brokerage represented the seller and the buyer, the Harry S. Bouchier Family Trust.

In the CT Realty deal, the Newport Beach-based investment and development firm sold a 117,594-sf industrial building on 11 acres to a private investor. According to Marc Belluomini, EVP at CT Realty, the site also includesa 92,000-sf Storage Outlet self-storage facility, which was notincluded in the sale. Storage Outlet is a controlled affiliate of CT RealtyCorp.

CT Realty acquired the Fullerton property in 2002 and redeveloped it into amixed-use site featuring industrial and self-storage usage. CT demolishedone-third of the existing office space and upgraded the remaining area intotwo industry showroom accommodations to maximize visibility along Raymond and Kimberly avenues. The space is vacant and will be occupied by the new owner.

CT Realty was represented by Faris and Mike Hefner of Voit’s Anaheim Metro office. The buyer was represented by Kevin Turner of the Irvine office of Colliers Seeley International.

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