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Dunbar Acquires Industrial Building in Orange County
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Dunbar Real Estate Investment Management ("Dunbar") is pleased to announce the acquisition of an industrial building located in the desirable Orange County industrial submarket of Buena Park. Dunbar reacted quickly to the opportunity of a partial sale-leaseback, closing the transaction in twenty one days in an all-cash closing. Dunbar plans to immediately invest additional capital to reposition the property with dock-high loading among other improvements.
Dunbar would like to thank Brian Corrigan of Voit Real Estate Services who handled both sides of the transaction.
The transaction marks Dunbar's eleventh acquisition over the past two years of which eight have been completed on an all-cash basis. Dunbar is aggressively seeking value-added investment opportunities in Southern California and Phoenix.
Please contact Ross Mitchell at 310-751-7970 or ross@dunbarinvestments.com or Rick Knight at 310-651-6103 or rick@dunbarinvestments.com with any new opportunities.
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