{"id":1004199199,"date":"2017-12-05T13:55:48","date_gmt":"2017-12-05T21:55:48","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004199199"},"modified":"2022-12-08T09:46:51","modified_gmt":"2022-12-08T17:46:51","slug":"daum-brokers-sale-of-41-ksf-industrial-facility-in-oc","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/daum-brokers-sale-of-41-ksf-industrial-facility-in-oc\/","title":{"rendered":"DAUM Brokers Sale of 41 KSF Industrial Facility in OC"},"content":{"rendered":"<p>By Evelyn Jozsa<\/p>\n<div id=\"attachment_1004199204\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/12\/mike_barreiro.jpg\" target=\"_blank\" rel=\"noopener noreferrer\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004199204\" data-attachment-id=\"1004199204\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/daum-brokers-sale-of-41-ksf-industrial-facility-in-oc\/mike_barreiro\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/12\/mike_barreiro.jpg\" data-orig-size=\"800,620\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;9.5&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;Canon EOS 10D&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;1129629403&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;60&quot;,&quot;iso&quot;:&quot;200&quot;,&quot;shutter_speed&quot;:&quot;0.008&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;1&quot;}\" data-image-title=\"Mike Barreiro\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;Mike Barreiro&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/12\/mike_barreiro.jpg?w=800\" class=\"wp-image-1004199204 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/12\/mike_barreiro.jpg\" alt=\"Mike Barreiro\" width=\"300\" height=\"233\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/12\/mike_barreiro.jpg 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/12\/mike_barreiro.jpg?resize=300,233 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/12\/mike_barreiro.jpg?resize=768,595 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004199204\" class=\"wp-caption-text\">Mike Barreiro<\/p><\/div>\n<p>DAUM Commercial Real Estate Services has arranged the sale of a 40,532-square-foot industrial facility in Huntington Beach, Calif. The facility was acquired by a family-owned electronic vaping business for $7.2 million. DAUM Commercial worked on behalf of the buyer and JLL represented the seller, Carol Watson Trust, in the deal.<\/p>\n<p>Located at 5802 Engineer Drive, the building was previously occupied by United Calibration Corp. The buyer will take over the asset at the end of this year and will use it as a product manufacturing and distribution facility. The property provides easy access to Irvine via Interstate 405, as well as to Los Angeles through interstates 5 and 605, both cities are located within 30 minutes.<\/p>\n<p><em>\u201cThe initial challenge to overcome was the scarcity of industrial inventory in this West Orange County submarket, which is a crucial location for our client\u2019s operations,\u201d<\/em> said Mike Barreiro, executive vice president at DAUM Commercial, in prepared remarks.\u00a0<em>\u201cWith vacancy rates hovering just above 2 percent at the close of (the third quarter), our team recognized the need to find a creative solution in order to meet our Client\u2019s needs.\u201d<\/em><\/p>\n<p>Barreiro, together with First Vice President Andrew Lara represented the buyer in the transaction.<\/p>\n<p>In another recent industrial deal, DAUM&#8217;s Ontario office represented Savvy Intellect LLC in the<a href=\"https:\/\/www.commercialsearch.com\/news\/partners-capital-buys-industrial-asset-in-1031-exchange\/\"> sale of an industrial facility<\/a> in San Bernadino, Calif.\u00a0<\/p>\n<p><em>Image courtesy of DAUM Commercial<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Huntington Beach, Calif., facility was purchased by a family-owned electronic vaping business. DAUM Commercial represented the buyer and JLL worked on behalf of the seller.<\/p>\n","protected":false},"author":871,"featured_media":1004199204,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,21748,21783,21742,34267,15],"tags":[38497,34824,32796,38496],"class_list":["post-1004199199","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-industrial","category-investment","category-latest","category-orange-county","category-west","tag-andrew-lara","tag-daum-commercial","tag-jll","tag-mike-barreiro"],"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>DAUM Brokers Sale of 41 KSF Industrial Facility in OC - 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\/daum-brokers-sale-of-41-ksf-industrial-facility-in-oc\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"DAUM Brokers Sale of 41 KSF Industrial Facility in OC\" \/>\n<meta property=\"og:description\" content=\"The Huntington Beach, Calif., facility was purchased by a family-owned electronic vaping business. 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