Tom Ling Of Advantage Mailing Buys Industrial Building From TTM Technologies In Anaheim

An industrial building spanning 95,700 square feet located at 3140 East Coronado Street in Anaheim has been sold for $26.8 million. The property was acquired by Advantage Mailing from TTM Technologies at a price of $280 per square foot, marking the largest owner-user deal in Orange County in five years.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $26,800,000
• Buyer: Tom Ling - Advantage Mailing
• Seller: TTM Technologies
• Broker: Keith Greer - CBRE
• Address: 3140 East Coronado Street
• Market: Anaheim

Tom Ling, leading Advantage Mailing, made the purchase of the industrial property. Advantage Mailing is planning to move from a leased facility in Placentia to this new location in Anaheim after investing $4.8 million in renovations. The relocation is expected to be completed within six to nine months post the acquisition.