Dec
05
DAUM Brokers Sale of 41 KSF Industrial Facility in OC
ByThe Huntington Beach, Calif., facility was purchased by a family-owned electronic vaping business. DAUM Commercial represented the buyer and JLL worked on behalf of the seller.
DAUM Commercial Real Estate Services has arranged the sale of a 40,532-square-foot industrial facility in Huntington Beach, Calif. The facility was acquired by a family-owned electronic vaping business for $7.2 million. DAUM Commercial worked on behalf of the buyer and JLL represented the seller, Carol Watson Trust, in the deal.
Located at 5802 Engineer Drive, the building was previously occupied by United Calibration Corp. The buyer will take over the asset at the end of this year and will use it as a product manufacturing and distribution facility. The property provides easy access to Irvine via Interstate 405, as well as to Los Angeles through interstates 5 and 605, both cities are located within 30 minutes…
