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3/28/24
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A 48.2k sf, freestanding industrial warehouse in Fullerton sold for $13.35 mil ($277/sf). The building sits on 2.21 acres at 1450-1456 S. Manhattan Ave, east of Raymond Ave and just north of the 91 Fwy.
Garrett McClelland and Erik Sikes with Voit Real Estate Services represented the buyer, 1450 Manhattan LLC, based in Anaheim. This transaction is the largest Orange County industrial sale in consideration and square footage this year.
“This building was one of only a few 40k sf – 50k sf industrial buildings available for sale in Orange County. The property, ideally located in the heart of North Orange County, is the perfect location for the buyer to expand their lumber business,” commented McClelland.
Byron Foss, Wade Tift and Nick Carey of JLL represented the seller, Salher LLC. The team also represented Salher LLC in purchasing the building in 2020.
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