CI 5 LLC Acquires Industrial Building From San Diego Charitable Real Estate Foundation For $6.8M

San Diego Charitable Real Estate Foundation sold an industrial building located at 1441 North Red Gum Street in Anaheim. The property encompasses a total area of 26,620 sq. ft. and was sold for a transaction amount of $6,800,000. The deal included a fully leased asset situated in Anaheim Canyon.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $6,800,000
• Buyer: CI 5 LLC
• Seller: Mark Stuart - San Diego Charitable Real Estate Foundation
• Broker: Steven Ehrich - NAI Capital Commercial

NAI Capital Commercial’s Steven Ehrich represented the seller in this transaction. The proceeds from the sale are set to benefit various nonprofits, highlighting the charitable mission of the seller. The transaction took place on December 16, 2024.