Arden Engineering Renews Lease In Anaheim's Industrial Market At 3130 & 3150 E. Miraloma Ave

The property involved in the lease transaction is a 144,000-square-foot manufacturing facility located at 3130 & 3150 East Miraloma Avenue in Anaheim, California. This industrial asset belongs to Nuveen and is occupied by Arden Engineering Inc.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: Not Applicable
• Landlord: Nuveen
• Tenant: Arden Engineering Inc
• Address: 3130 & 3150 East Miraloma Avenue
• Market: Anaheim

The lease renewal deal was facilitated by Michael Hefner and Mike Vernick from Voit Real Estate Services, representing the landlord, Nuveen, and Brian Bennett & Robert Feathers from Kidder Mathews, representing the tenant, Arden Engineering Inc. The rental rate for the property was doubled by Arden Engineering Inc to align with the current market rates amidst changes in the Orange County industrial real estate market.