Industrial Property In Anaheim Sells For $19.8M

CBRE Group brokered the sale of an industrial property in Anaheim to Doyle Properties for $19.8M in a 1031 exchange.

The property, at 1250 North Tustin Ave., will serve as Econolite Group's new high-image facility after purchasing it from the seller, The Blackstone Group.

It is an approximately 84,928 SF freestanding corporate headquarters office/flex property.

CBRE First Vice President Carol Trapani and senior vice presidents Ben Seybold and Sean Ward repped the buyer. Colliers International Senior Executive Vice President Clyde Stauff repped the Blackstone Group.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Orange County Newsletters
Related Stories

Taiwan Semiconductor Manufacturing Co. Could Expand In North Texas

Prologis To Develop 3.8M SF Industrial Park On Former Casino Site

Foundry Robotics Leaves San Francisco For New East Bay HQ

Epicenter Landcorp Buys Culver City Flex Industrial Building For $11M

GID, StepStone Complete $985M Secondary Deal For Industrial Portfolio

Developers In Talks With TSMC Suppliers For $7B Halo Vista Mixed-Use Project

BKM Capital Isn't Tapping The Brakes On Its $3B Industrial Buying Spree

Data Centers Fuel Busiest Industrial Market Since 2022

Carrier To Invest $600M In Fort Worth Advanced Manufacturing Facility

Investment Firm Targets Triangle With Plans To Build 40-Acre Industrial Park

Norges Bank Commits €1.5B To European Logistics With Ares Collab

Dublin Logistics Set To Beat 2025 As Takeup Hits Highest Level In Almost 3 Years