ANAHEIM, CA-A private investment group has purchased the four-building Coronado Simon Business Park for $5.8 million in a transaction that evolved from a sublease into a sale, according to Voit Commercial Brokerage, which also reports the closing of a warehouse sale in Corona.

Mike Hefner of the Anaheim Metro office of Voit explains that the deal began when the master tenant at the property, Dynamic Details Inc., retained Voit to sublease the space. Later, however, the owner, the Timpte Family Trust, chose to sell the asset and retained Voit to market it. Coronado Simon Business Park consists of four buildings located at 3031 Coronado and 1220, 1230 and 1240 Simon Circle.

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