After it was placed up for sale last year, an industrial property in Anaheim has traded hands. Located at 3140 E Coronado St., the property was sold by an entity affiliated with manufacturing company TTM Technologies. The property was acquired by an entity that shares an address with printing and mailing company Advantage Inc. for $26.8 million, or nearly $280 per square foot.
Back in November, the 95,732 square foot property was listed for $32 million, or about $334 per square foot, according to marketing materials from CBRE.
The industrial building sits on 5.19 acres and offers three grade-level doors, eight dock-high doors and a fenced yard area. The property is situated near the 91, 57 and 55 Freeways and is surrounded by a mix of primarily commercial buildings, including office, industrial and retail assets.
Other industrial assets have traded hands in Anaheim recently.
Earlier this month, a 46,444 square foot industrial asset in the city sold for $17.95 million, or about $386 per square foot. The property was sold by an entity affiliated with 2 Shillelagh LLC and a private family trust to an entity affiliated with Sunrise 50 Investors LLC. The property is located at 3366 E La Palma Ave.
In another recent deal, an entity affiliated with aerospace company Sonfarrel Aerospace, also known as Son-Aero, sold a two-building industrial complex in Anaheim for $18.5 million. Spanning 88,128 square feet, the property is located at 3000 to 3010 East La Jolla St. and was acquired by an entity that shares an address with Craig Realty Group.
