Accomplished in 1975, Mission Viejo Enterprise Middle contains six multi-tenant industrial buildings on 7.7 acres. Picture courtesy of Cushman & Wakefield
MIG Actual Property bought Mission Viejo Enterprise Middle, a 100,295-square-foot industrial park in Mission Viejo, Calif. DWS bought the asset, in keeping with CommercialEdge knowledge. Cushman & Wakefield brokered the transaction, engaged on behalf of the vendor.
Accomplished in 1975, Mission Viejo Enterprise Middle contains six multi-tenant distribution and warehouse buildings on 7.7 acres. The property options quite a lot of bay sizes, 10-foot to 16-foot clear heights, grade- and dock-high loading doorways, concrete truck courts to assist the wants of varied mid-size industrial tenants, local weather management, insulated ceilings, sky lights and roughly 270 parking areas. The ability additionally consists of round 10,000 sq. ft of retail area.
Positioned at 23811-23891 By way of Fabricante inside the Orange County market, Mission Viejo Enterprise Middle is near interstates 5 and 405. On the time of the sale, the property was 99 p.c leased to 43 tenants, together with Mission Viejo Enterprise Middle consists of Goodwill, South Nation Vapors, Superb Cabinetry, OpenCorporates, State Farm, Dawn Journey, ProCare Providers and AlphaGraphics.
Govt Vice Chairmen Jeff Chiate, Rick Ellison and Jeffrey Cole, Vice Chairman Bryce Aberg, Affiliate Mike Adey and Senior Affiliate Zach Harman of Cushman & Wakefield’s Nationwide Industrial Advisory Group represented the vendor.
Lately, MIG bought Know-how Commerce Middle, a totally occupied, Class A industrial park totaling 138,692 sq. ft in Mesa, Ariz. Libitzky Property Cos. bought the asset for $25.4 million.
