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2/01/17
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Costa Mesa-based S&A Management LLC has purchased an industrial property in Anaheim from Taylor-Dunn, a leading manufacturer of commercial and industrial vehicles. Situated on a seven-acre industrial site within the North Orange County submarket, the Taylor-Dunn facility is comprised of a two-story office building located at 2100 West Ball Rd and a 156k sf manufacturing building located at 2114 West Ball Road.
Jeff Chiate and Mike Adey with Cushman & Wakefield’s National Industrial Advisory Group (IAG) in Irvine represented both parties in the transaction, with Rick Ellison and Randy Ellison also of the firm’s Irvine office providing local market advisory. The sale is expected to have no impact on the continuing operations of Taylor-Dunn, which has been engineering and manufacturing vehicles from its location on West Ball Road for over sixty-five years.
The Anaheim industrial sector is exceptionally robust right now. “Strong tenant demand and solid market fundamentals have held North Orange County’s industrial vacancy at extremely low levels finishing 2016 at 1.8 percent, while Anaheim’s vacancy rate was even lower at just 1.3 percent,” noted Adey” Anaheim recorded more than 700k sf of net absorption during 2016, the highest level of growth of any submarket in all of Orange County, according to Cushman & Wakefield’s latest market reports.
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