Jonathan Slager & Robert Morse Of Bridge Investment Group Acquire Industrial Property In Anaheim For $9.2M

A 29,845-square-foot industrial property located at 305 North Crescent Way in Anaheim has been sold for $9.2 million. The property spans 2.03 acres and is fully occupied by the seller, Rentokil North America.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $9,200,000
• Buyer: Jonathan Slager & Robert Morse - Bridge Investment Group
• Seller: Rentokil North America
• Broker: undefined - JLL
• Location: Anaheim
• Asset Size: 29,845 square feet
• Lot Size: 2.03 acres
• First-Year Net Income: $573,024
• Lease Term: 10-year sale-leaseback
• Annual Rent Increases: 3.5%

Bridge Investment Group, represented by Jonathan Slager and Robert Morse, has completed this transaction, with JLL acting as the broker for the sale. The deal ensures that Rentokil North America will continue to occupy the property, creating a stable investment for the buyer.