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Duke Claims Pair of Last-Mile Facilities in N. Orange County
Duke Realty acquired the Northpoint Commerce Industrial Park Portfolio in Fullerton, CA for $22.8 million. The pair of Class A industrial assets total 119,431 square feet, and are situated on nearly 7.5 acres within the 47-acre master-planned Northpoint Commerce Center in North Orange County.
500 Burning Tree Rd. is a high-quality, single-story warehouse-distribution building with partial two-story office space, totaling 61,726 square feet. 700 Burning Tree Rd. is a single-story state-of-the-art warehouse-distribution building totaling 57,705 square feet.
Cushman & Wakefield’s Jeff Chiate, Rick Ellison, Mike Adey, Jeffrey Cole and Ed Hernandez represented the unnamed seller.
Chiate says, “The portfolio boasts one of the top logistical locations in Southern California, bordering Los Angeles and Orange counties, ideal for last mile e-commerce distribution. The buildings are 100% leased to two exceptional tenants, Iron Mountain and Sunrise Produce, which each have several years of term remaining on their respective facilities.”
For comments, questions or concerns, please contact Dennis Kaiser
- ◦Sale/Acquisition


