Chin Kim Purchases 7492 SF Industrial Property At 1101 Richfield Road From Davcal For $3M

An industrial property located at 1101 Richfield Road in Placentia's Miraloma Business Center was sold for $3,000,000. The asset encompasses 7,492 square feet and was transacted at a price per square foot of $400.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $3,000,000
• Address: 1101 Richfield Road
• Market: Placentia
• Square Footage: 7,492
• Price Per Square Foot: $400
• Buyer: Chin Kim
• Seller: Davcal
• Brokers: Bryan Miller, Jameson Hearne & Marshal Vogt - Lee & Associates | Orange

The transaction involved Chin Kim as the buyer and Davcal as the seller, with the brokerage representation provided by Bryan Miller, Jameson Hearne, and Marshal Vogt from Lee & Associates | Orange.