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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.

SAN DIEGO-Drawbridge Realty Trust has acquired the Discovery Corporate Center Building A, located at 16340 West Bernardo Dr. here, from Menlo Equities for $36.5 million.  The three-story, class-A office building totals 90,610 square feet on just over 4 acres, and is 100% leased to Broadcom Corp. Building A was built in 2007 in San Diego’s Rancho Bernardo office market and is one of four buildings in the 318,235-square-foot campus.

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