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Electronic Vaping Business Buys Huntington Beach Facility
DAUM Commercial Real Estate Services directed the $7.2-million acquisition of a 40,532-square-foot industrial facility in Huntington Beach, CA. The buyer, a family-owned electronic vaping business, will occupy 100% of the property, which will be used as a product manufacturing and distribution facility.
The property, which is located 5802 Engineer Dr., was formerly occupied by United Calibration Corporation. The buyer plans to occupy the building in Q4 2017.
DAUM’s Mike Barreiro and Andrew Lara represented the buyer. The seller, Carol Watson Trust, was represented by JLL.
“This transaction required a tremendous amount of expertise, based on a series of complex factors,” says Barreiro, who noted challenges were lack of available industrial inventory in the West Orange County submarket, as well as navigating the complex occupancy permits required for the building’s proposed use.
For comments, questions or concerns, please contact Dennis Kaiser
- ◦Sale/Acquisition


