2891 Miraloma Avenue, Anaheim
Address: 2891 Miraloma Avenue, Anaheim
Description: 104,000 sq. ft. distribution building
Lessee: R.B. Dwyer Company, Inc.
Lessor: MS Partners
Assignment: Secure a functional distribution and manufacturing facility for a locally owned manufacturing company.
Result: The Team was able to replace a defaulting tenant with a high-quality tenant on a long-term basis. Upon expiration of that lease, the Team was able to negotiate two renewals at favorable terms for the ownership that extended the lease to be coterminous with a land lease expiration. The lease structure minimized the vacancy exposure and downtime for the ownership.
Total Value of the Transaction: $3,379,788