3130-3150 E. Miraloma Avenue, Anaheim

February 16, 2019

Address:  3130-3150 E. Miraloma Avenue, Anaheim

Description:  144,000 sq. ft. multi-tenant industrial building

Lessor:  TIAA-CREF

Lessee:  Arden Engineering, Inc.

Assignment:  Develop and implement a marketing program for the lease of a functionally obsolete manufacturing facility with low clearance and limited dock high loading capabilities.

Result:  Negotiated a 10-year lease to a regional aerospace manufacturing company that consolidated from multiple facilities, achieving a premium lease rate with annual rent increases and minimal landlord concessions.

Total Value of the Transaction:  $9,508,600