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5/22/25
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In a recent OC industrial trade, a 7.5k sf high-image, warehouse property in Placentia sold for $3.05 mil ($407/sf). The asset sits on a corner lot at 1101 Richfield Rd, within Miraloma Business Center, a professionally managed business park.
Constructed in 1991, the property boasts excellent Richfield and Miraloma frontage and signage. In addition, the property features:
• 400 amps, 120/208v, 3-phase electrical service
• 16-foot minimum warehouse clearance
• Two ground-level doors (12’x14’ each)
• 3k sf of efficient office space, plus bonus second-floor office
• Easy access to the 91, 55, and 57 freeways
• Sprinklered building and excellent parking ratio (1.87/1k sf)
Jaimeson Hearne, Marshal Vogt, and Bryan Miller with Lee and Associates represented the seller, Davcal, in the deal. The all-cash buyer was Chin Kim.
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