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Tustin Properties LLC Secures 86-month Lease For 75,700-sf Industrial Space From Reliable Crane Service LLC
LEASED
California
See Similar DealsIndustrial75,700 SF
Leased 05/13/2025
LEASED
Tustin Properties LLC Secures 86-month Lease For 75,700-sf Industrial Space From Reliable Crane Service LLC
1210 North Tustin Avenue
See Similar DealsIndustrial75,700 SF
Leased 05/13/2025
Summary
CALIFORNIA
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:75,700 SF
Transaction Type:Lease
The transaction involves a 75,700-square-foot industrial property located at 1210 North Tustin Avenue in Anaheim. This lease agreement was secured for a total amount of $7.9 million, highlighting the financial commitment associated with the property by the tenant.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $7.9M
- Lease Term: 86-month
- Landlord: Tustin Properties, LLC
- Tenant: Reliable Crane Service, LLC
- Landlord's Rep: Chris Migliori - Daum Commercial Real Estate Services
- Tenant's Rep: Ross Fippinger - CBRE
Chris Migliori of Daum Commercial Real Estate Services represented the landlord, Tustin Properties, LLC, while Ross Fippinger of CBRE represented the tenant, Reliable Crane Service, LLC. This collaboration between the involved parties facilitated the negotiation and execution of the lease agreement.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$4,339,078.32
Total Lease Value
$43,390,783.19
Net Landlord Cash Flow$4,339,078.32
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