Hamra Properties Acquires Industrial & Office Property In Anaheim For $21.3M

The property located at 5100-5150 East LA Palma Ave in Anaheim has been sold in a closed transaction. The asset type of this property is Industrial & Office, and it spans a total area of 154,627 square feet. The sale price for this property was $21,300,000, resulting in a price per square foot of $137.75. The transaction took place on November 26, 2019.

Summary of transaction details:

• Property Type: Industrial & Office
• Transaction Amount: $21,300,000
• Area: 154,627 square feet
• Price per Square Foot: $137.75
• Market: Anaheim

The seller of this property was Seligman Group, while the buyer was Hamra Properties. The transaction was facilitated by Jeffrey Cole, Jeff Chiate, Ed Hernandez, Mike Adey, Nico Napolitano from Cushman & Wakefield, as well as Rick Ellison and Randy Ellison.