2891 Miraloma Avenue, Anaheim

November 20, 2019

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