4250 N. Harbor Blvd., Fullerton

August 19, 2019

Address:  4250 N. Harbor Blvd., Fullerton

Description:  105,322 Sq. Ft. newly constructed distribution building

Seller:  Penwood / Western Realco

Buyer:  Achem Corporation

Assignment:  Identify a buyer for a newly constructed institutional quality distribution building.

Results:  Secured  Achem, an owner/user, who recently sold their corporate headquarters in Cerritos and acquired the property in a 1031 tax deferred exchange.  The new facility will serve as Achem’s new corporate headquarters for the United States operations.

Total Value of the Transaction:  $20,959,078