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Industrial Site Changes Hands for $1.4 Mil

PLACENTIA, CA-Creative Sales Inc. sells the Placentia property to private investor David Peairs. His water filtration company will relocate from its current site in Santa Ana to the Placentia building.

By Erin Cassin | Updated on October 31, 2001

PLACENTIA, CA-A $1.4-million sales transaction has been hammered out by patio furniture maker Creative Sales Inc., as the firm has sold its former industrial facility in Placentia.

The property, which stands at 1961 Petra Lane, has been scooped up by private investor David Peairs. It will be occupied by his water filtration company, which is relocating from Santa Ana. The 15,715-sf Placentia facility will provide the industrial space needed for the firm’s growing operations.

Creative Sales, meanwhile, is moving its manufacturing operations to another location in Placentia. It has purchased a parcel of land here and plans to build a new industrial facility on it, according to Bryan Miller, a Lee & Associates broker who worked on the deal.

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