Diab & Haley Team Closes $3.1 Million Industrial Sale for Investment Owner-User Opportunity
Greg Diab and Jack Haley of the Lee & Associates – Orange office recently closed a sale of a 20,600 square foot fully leased multi-tenant industrial building located at 2040 South Yale Street in Central Orange County.
Greg and Jack represented the buyer, Los Olivos La Land, LLC, during the transaction that was valued at approximately $150.50 per square foot. The seller was represented by Chris Coyte of the Lee & Associates – Newport Beach office.
The property has 4 separate units of approximately 5,150 SF each, and is situated on 2 parcels of land totaling approximately .92 acres. The property features oversized ground level doors, a large fenced area, and 18’ warehouse clearance.
Lee & Associates Commercial Real Estate Services, Inc., is one of the largest national commercial real estate service providers with regional expertise.
LEE & ASSOCIATES COMMERCIAL REAL ESTATE SERVICES, INC. - ORANGE
LEE & ASSOCIATES COMMERCIAL REAL ESTATE SERVICES, INC. - ORANGE
Greg Diab, Principal
Jack Haley, Principal
714-647-9100