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5/27/16
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King Shocks bought a 55.6k sf, single-tenant industrial building in Garden Grove for $9.45 mil, or $170/sf. King Shocks, an American manufacturer of off-road automotive parts based out of Garden Grove, will use this property as their corporate headquarters.
The property, located at 12472 Edison Way, has excellent exposure on the corner of Edison and Lampson Ave. The building offers an abundance of power and a large fenced yard, which was ideal for King Shocks.
Mike Bouma, Paul Caputo and Eric Smith of Voit Real Estate Services represented the seller, LBA RIV-COMPANY XXVII, LLC. According to Caputo, the current vacancy rate in the area is a very low 2%.
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