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Anaheim Industrial Trades at 4.9% Cap Rate
CBRE Investment Properties’ Anthony DeLorenzo, Gary Stache, Bryan Johnson and Nick Williams, along with Keith Greer, negotiated the $18.5-million sale of 3000 – 3010 E. La Jolla St., a two-building industrial complex totaling 88,128 square feet in Anaheim, on behalf of a Southern California-based private seller. The buyer wasn’t identified.
“This sale reflects the continued strong demand for well-located industrial properties in Southern California,” said DeLorenzo. “The asset drew strong demand from a diverse buyer pool, ultimately transacting at a 4.9% cap rate.”
Sonfarrel Aerospace, an aerospace part manufacturer, has fully occupied the space since 1974 and will continue to do so after the sale. The property is located along the Anaheim technology corridor and minutes from State Route (SR) 57 and SR 91.
- ◦Sale/Acquisition


