(To read more on the industrial market, click here.)

ANAHEIM, CA-Greenlaw Partners and Guggenheim RealEstate have acquired a 129,600-sf industrial property for $11.1 million, the 10th asset that the two firms have purchased together, according to Voit Commercial Brokerage. The buyers acquired the property, which is at 605-611 E. Cerritos Ave., from Hager Pacific Properties of Newport Beach.

Greenlaw and Guggenheim were represented by Brian Corrigan and Rob Socci of the Anaheim Metro office of Voit Commercial Brokerage, who also represented the seller. The property is 100% leased to three tenants including electronics manufacturer APW, air conditioning equipment distributor Western Air and tile distributor Import Stone.

Newport Beach-based Greenlaw is a private investment management company formed in March 2003 by Wilbur Smith III and John Tumminello Jr. The company has acquired 19 properties valued in excessof $540 million. Guggenheim Real Estate manages an open-end diversified real estate portfolio.

The Anaheim Platinum Triangle, currently under development, will be a high-density, mixed-use urban environment that will include up to 9,175 housing units, five million sf of office space and more than two million sf of commercial uses.

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