(To read more on the industrial market, click here.)
ANAHEIM, CA-Overton Moore Properties of Gardena has sold a120,000-sf warehouse and manufacturing building at 5235 E. HunterAve. to an East Coast-based pension fund adviser for nearly $12million, according to CB Richard Ellis. Steve Batcheller of theNewport Beach office of CB Richard Ellis tells GlobeSt.com that thesingle-story industrial building with mezzanine office space wasfully occupied at the time of the sale, which was brokered by ateam from CBRE.
In addition to Batcheller, the CBRE team members included PaulJones of the Newport Beach office, Darla Longo of the company'sOntario office and Kevin Shannon of the CBRE South Bay office inTorrance. The firm that acquired the property representeditself.
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