The low-rise building stands at 3530 Atlantic Ave. It was fully leased at the time of the sale, according to brokers involved in the transaction.
The buyer is the private Reiman Family Trust, which also is based in Long Beach. The property was sold by B.H. Properties, a private real estate investment group headquartered in Brentwood.
Stephen A. Sanders and Jim Messinger of Grubb & Ellis' Anaheim office represented B.H. Properties in the transaction. Doug Shea of Inco Co. represented the trust.
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