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ANAHEIM, CA-Rexford Industrial Realty Inc. has purchased the Park, an industrial business park at the intersection of 1100-1170 Gilbert St. and 2353-2373 La Palma Ave. here, from an unnamed seller for $10.6 million. The acquisition marks Rexford’s second purchase so far this month and expands its presence in the North Orange County market. The property consists of six multi-tenant buildings with a total of 120,313 square feet. The buildings are situated on 6.9 acres of land and were 85% occupied at the time of acquisition.

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