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

TUCSON, AZ-A Southern California investor is at it again,acquiring two buildings totaling 202,000 sf for a total purchaseprice of nearly $5.5 million. Buyer Silagi Family Trust of ThousandOaks purchased a 101,000-sf R&D flex building and a 101,000-sfwarehouse at 2900 E. Elivra Rd. and 3000 E. Elivra Rd. respectivelyto add to facilities already acquired by the trust.

The 25% occupied buildings, situated on a total of 18 acres,were originally part of a four-building, 400,000-sf campusdeveloped by IBM in the late 1970s. Over the years, the buildingswere redeveloped and sold to separate investors. "Silagi hadacquired two other buildings on the campus about nine months ago,and was motivated to acquire all four buildings so he could unitthem into a potential campus," explains Robert Glaser, industrialspecialist and principal with PICOR Commercial Real Estate Servicesin Tucson.