California CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Sub Markets

Property Sectors


New call-to-action
California  + Orange County  + Industrial  | 

Chefmaster Divests Industrial Facility in Fullerton

Industrial Income Trust acquired an industrial property leased by Chefmaster in Fullerton, CA for $7.3 million. CBRE’s Gary Stache, Anthony DeLorenzo, Doug Mack and Shin Kim represented both the seller, Chefmaster, and the buyer.

The property, located at 501 Airpark Dr., is 100% leased to Chefmaster, a division of Byrnes & Kiefer Company, a leading manufacturer of food color and edible decorating products. Chefmaster spent more than $1.6 million to build out the USDA-approved manufacturing facility.

“This is a safe, triple-net property that is well-positioned for future rent growth,” said Stache. “It sits in a market with one of the lowest overall vacancy rates in all of Southern California. There are currently no buildings available between 40,000 and 60,000 square feet in the Fullerton submarket. This lack of available space will continue to drive rental rates higher, and keep the market in landlord’s favor for the foreseeable future.”

Get CRE News in 150 words

For comments, questions or concerns, please contact Dennis Kaiser


Inside The Story

Connect With CBRE’s Stache

About Dennis Kaiser

Dennis Kaiser is Vice President of Content and Public Relations for Connect Commercial Real Estate. Dennis is a communications leader with more than 30 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect’s client content operations and is involved in a range of initiatives ranging from content strategy, message development, copywriting, media relations, social media and content marketing services. In his most recent corporate communications roles, he led a regional public relations effort across Southern California for CBRE, played a key marketing role on JLL’s national retail team, and was responsible for directing the global public relations effort at ValleyCrest, the nation’s largest commercial landscape services company. In addition to his vast commercial real estate experience, Dennis has worked on communications and launch strategies for a number of residential projects such as Disney’s Celebration in Florida, Ritter Ranch in Palmdale California (7,200 homes, 22,000 acres), WaterColor in Florida and PremierGarage in Phoenix. Dennis’s agency background included firms such as Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, BoyScouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and Thunderbirds Charities.

  • ◦Sale/Acquisition
New call-to-action