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Western Realco Buys Anaheim Development Site for $40.7M
Announced
Real Estate ServicesCaliforniaPlatform
Deal Overview
Western Realco has acquired a fully entitled 12.14-acre industrial development site on East Vermont Avenue in Anaheim from Rexford for $40.7 million. The buyer will begin demolition immediately and develop a new 256,046-square-foot Class A industrial building.
Construction is expected to complete in late 2027. The site development can accommodate a broad range of uses including logistics, manufacturing, assembly, food processing, and temperature-controlled storage. JLL completed the sale and will market the new development for lease or sale.
Key Details
- Transaction
- Western Realco acquires Anaheim Development Site
- Deal Size
- $25M – $50M
- Reported Value
- $40.7 million
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