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Westcore Asset Garners 10 Offers, $24M

GARDEN GROVE, CA-The San Diego-based investment firm sells its 277,000-sf Monarch project to an affiliate of Colony Realty Partners.

By Bob Howard | Updated on October 21, 2007

(Read more on the industrial market.)

GARDEN GROVE, CA-Westcore Properties of San Diego has sold its 277,000-sf Monarch project to an affiliate of Boston-based Colony Realty Partners for $24 million after receiving 10 offers on the industrial building, the San Diego firm reports. The property is at 12752-12822 Monarch St., where it occupies an 11-acre lot.

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