California + Orange County + Industrial | April 13, 2023

OC Industrial Properties Trade as Part of $263M Transaction

George Urban Advisors, in partnership with Five Horizons Partners and DRA Advisors, has acquired a portfolio of seven industrial properties in Orange County and Los Angeles County, CA. CBRE National Partners represented the seller, Link Logistics, in the reported $263 million transaction.

The assets encompass 45 buildings and 851,000 square feet, with the Orange County facilities both located in Laguna Hills and consisting of:

– The Row (pictured): a 25-building, 513,000-square foot complex on Avenida de la Carlota, Ridge Route Drive and Commerce Center Drive

– Plaza Del Lago: a three-building, 101,000-square-foot facility on Del Lago and Lake Forest Drives

“The Southern California industrial market continues to be one of the most resilient and challenging markets to penetrate nationwide,” said DRA Advisors’ Dan Goldman. “This collection of assets presents a unique opportunity to invest in multiple markets with prime in-fill locations, where there has been minimal development of small-scale industrial properties.”

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Inside The Story

George Urban AdvisorsDRA Advisors' Dan GoldmanLink Logistics

About Mark Nieto

Mark comes to ConnectCRE with an extensive background as a business and news reporter in San Francisco radio, as well as 35 years as a traffic reporter on several stations including KGO, KNBR, KCBS and KFRC. As a business reporter, Mark covered the tech world in Silicon Valley where he became familiar with real estate transactions in the hot Bay Area marketplace. He attended San Jose State University with a BA in Radio and TV Broadcasting and currently resides in the Lake Tahoe area where he gets to frequently enjoy all of his favorite activities: Golfing, Fishing, Hiking and Skiing.

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