California Faucets was represented by a CB Richard Ellis team consisting of Bob Goodmanson, Ted Sawyer, Brian DeRevere and Brad Bierbaum. The team also represented the seller, Superior Forge.
A flurry of industrial activity has occurred recently in the county, as the decline in manufacturing activity has lessened from the first quarter to the second quarter. According to a recent report by Chapman University, the manufacturing sector may be headed for a turnaround.
Chapman's composite index, which is used to measure the manufacturing sector, has increased to 45.8 in the second quarter from 43.7 in the first quarter. The index measures the manufacturing sector in terms of production, new orders, employment, inventories of purchased materials and supplier deliveries.
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.
