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Benjamin Moore Paint Plant Trades Hands

CITY OF COMMERCE, CA-The 58,750-sf building that housed the New jersey-based paint company's Southern California plant for 20 years sells for $3.3 million only a few weeks after going on the market.

By Bob Howard | Updated on December 06, 2002

CITY OF COMMERCE, CA-Plumbing supplier Pioneer Industries bought the former Benjamin Moore paint plant for $3.3 million only a few weeks after the property went on the market, according to Cushman &Wakefield brokers who represented the buyer and the seller.

Pioneer bought the 58,750-sf building at 3325 Garfield Ave. from Denver-based Northstar Commercial Partners through GFC Garfield Associates LLC. Northstar was represented by Cushman & Wakefield’s John Minervini, David Hess, Erik Larson and Robin Dodson. Dwight Hotchkiss of Cushman & Wakefield, along with Kenneth Chan of K&L Properties, represented the buyer.

The property attracted a number of offers, reflecting the continued demand for medium sized industrial properties in Southern California, the brokers said.

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