ANAHEIM, CA—Voit Real Estate Services recently helped a logistics provider make a move from Garden Grove to a larger facility here.
Peter Castleton, SVP in Voit's Anaheim office, in partnership with Todd Clarke of Kidder Mathews, successfully directed the sale of a 125,000 square-foot asset in Garden Grove of which the proceeds were then exchanged into a new class A, 210,000 square-foot distribution facility in Anaheim all on behalf of Regal Logistics. Jeff Read and Greg Osborne with Newmark Grubb Knight Frank represented developer Western Realco in the sale.
Regal Logistics, a leading third party logistics provider specializing in high volume, mass retailer distribution, was looking to expand its warehouse footprint in the Southern California market requiring the sale of its existing warehouse in concurrence with the purchase of an expanded, new facility.
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David Phillips
David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.
