JLL Capital Markets has closed the sale of a pair of last-mile warehouse and distribution facilities totaling 199,000 square feet on South Lewis Street in Anaheim, CA. Greenlaw Partners purchased the assets from RAYMAB LLC for $58 million.

The adjacent properties, completed in the late 1970’s, were previously occupied by the Orange County Register and are located in an area with a paltry 1% vacancy rate, according to JLL. The 8-acre parcels are adjacent to Interstate 5, allowing same-day access to Southern California’s 25 million residents as well as LAX, the Ports of Los Angeles and Long Beach and eight Union Pacific and BNSF intermodal rail yards.

The JLL Capital Markets Investment Sales Advisory Team representing RAYMAB LLC was led by Senior Managing Director Mark Detmer, Managing Director Ryan Sitov, Senior Director Ryan Spradling, Associate Makenna Peter and market experts Byron Foss and Curtis Ellmore.