The facility, located at 955 Columbia St., is 100% occupied by the current tenant, Gerard Roofing, which recently renegotiated an extension of its lease for another 10 years. The acquisition of the facility by Bonin was facilitated through a 1031 tax-deferred exchange, in which the group sold a property and purchased this facility. The group plans to hold the asset in its portfolio.
Chuck Wilson of Colliers Seeley's Anaheim office represented the buyer in the transaction. Louis Tomaselli, of Voit Commercial Brokerage's Anaheim Metro office, represented the seller.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
