{"id":1004182431,"date":"2017-06-29T08:13:41","date_gmt":"2017-06-29T16:13:41","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004182431"},"modified":"2022-12-08T17:30:46","modified_gmt":"2022-12-09T01:30:46","slug":"cbre-arranges-sale-of-oc-industrial-asset","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/cbre-arranges-sale-of-oc-industrial-asset\/","title":{"rendered":"CBRE Arranges Sale of OC Industrial Asset"},"content":{"rendered":"<p>By Ariela Moraru<\/p>\n<div id=\"attachment_1004182432\" style=\"width: 384px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/06\/5065-E.-Hunter-Ave.-Anaheim-Calif..jpg\" target=\"_blank\" rel=\"noopener noreferrer\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004182432\" data-attachment-id=\"1004182432\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/cbre-arranges-sale-of-oc-industrial-asset\/5065-e-hunter-ave-anaheim-calif\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/06\/5065-E.-Hunter-Ave.-Anaheim-Calif.-e1498747621690.jpg\" data-orig-size=\"1152,866\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;Ariela Moraru&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;1498757225&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"5065 E. Hunter Ave., Anaheim, Calif.\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;5065 E. Hunter Ave., Anaheim, Calif.&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/06\/5065-E.-Hunter-Ave.-Anaheim-Calif.-e1498747621690.jpg?w=1024\" class=\"wp-image-1004182432 \" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/06\/5065-E.-Hunter-Ave.-Anaheim-Calif.-e1498747621690.jpg\" alt=\"5065 E. Hunter Ave., Anaheim, Calif.\" width=\"374\" height=\"282\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/06\/5065-E.-Hunter-Ave.-Anaheim-Calif.-e1498747621690.jpg 1152w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/06\/5065-E.-Hunter-Ave.-Anaheim-Calif.-e1498747621690.jpg?resize=300,226 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/06\/5065-E.-Hunter-Ave.-Anaheim-Calif.-e1498747621690.jpg?resize=768,577 768w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/06\/5065-E.-Hunter-Ave.-Anaheim-Calif.-e1498747621690.jpg?resize=1024,770 1024w\" sizes=\"auto, (max-width: 374px) 100vw, 374px\" \/><\/a><p id=\"caption-attachment-1004182432\" class=\"wp-caption-text\">5065 E. Hunter Ave., Anaheim, Calif.<\/p><\/div>\n<p>CBRE Group Inc. arranged the sale of an 81,836-square-foot <a href=\"https:\/\/www.commercialsearch.com\/news\/cbre-arranges-greater-la-industrial-1031-exchange\/\">industrial property<\/a> in Anaheim, Calif., for $12.2 million. CBRE\u2019s Gary Stache, Anthony DeLorenzo and Doug Mack represented the seller, Makena Properties.<\/p>\n<p>Located at 5065 E. Hunter Ave., directly adjacent to Orangethorpe Avenue, the building is fully leased to retailer Discount Dance Supply. The asset has easy access to Route 91 and is close to several restaurants and fitness centers.<\/p>\n<h2>Tight industrial market<\/h2>\n<p><em>\u201cThis facility is ideally located in one of the tightest industrial markets in the nation and more specifically sits within the Canyon Corridor where the City of Anaheim has developed a plan to shape and maintain a vibrant home for innovative businesses,\u201d<\/em> said Stache in prepared remarks.<\/p>\n<p>The Orange County industrial market\u00a0has record-low vacancies, according to CBRE research. Demand in the area is driven by the aerospace, electronics, food and apparel industries.<\/p>\n<p><em>Image courtesy of CBRE <\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Makena Properties acquired the 81,836-square-foot property in Anaheim, Calif., for approximately $12.2 million. The building is fully leased to a dancewear retailer.<\/p>\n","protected":false},"author":960,"featured_media":1004505982,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,21748,21742,34267,15],"tags":[32789,36482,36481],"class_list":["post-1004182431","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-industrial","category-latest","category-orange-county","category-west","tag-cbre","tag-gary-stache","tag-makena-properties"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>CBRE Arranges Sale of OC Industrial Asset - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/cbre-arranges-sale-of-oc-industrial-asset\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CBRE Arranges Sale of OC Industrial Asset\" \/>\n<meta property=\"og:description\" content=\"Makena Properties acquired the 81,836-square-foot property in Anaheim, Calif., for approximately $12.2 million. 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