3130-3150 E. Miraloma Avenue, Anaheim
February 9, 2017
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
