4250 N. Harbor Boulevard

July 10, 2020

Address:  4250 N. Harbor Boulevard, Fullerton, CA

Description:  105,322 sq. ft. industrial building

Seller: Penwood / Western Realco

Buyer: Achem Corporation

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

Result: Secured Achem, an owner/user, who recently sold their corporate headquarters in Cerritos and acquired the property in a 1031 tax deferred exchange for $20,959,078.  The new facility will serve as Achem’s new corporate headquarters for the United States operations.

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