Deleo Enterprises has purchased the facility for $2.2 million. Located at 2199 Batavia St., the multi-tenant property was 95% occupied at the time of sale.
The seller, Erik Tweedt, represented himself. Patrick Delaney of Lee & Associates – Orange Inc. acted on behalf of Deleo Enterprises.
Another Orange industrial property was recently sold in a deal valued at $2.3 million, as these smaller transactions account for most of the sales activity that has been occurring in the county's industrial market in recent weeks. Ken Meany, the founder and CEO of the Anaheim-based clothing and shoe retailer Boot Barn, acquired the facility from Pacific Capital Application. The building, which encompasses 26,856 sf, is located at 1636 W. Collins Ave.
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