CHARLES DUNN COMPANY COMPLETES THREE DEALS IN INLAND EMPIRE

The Orange County office of Charles Dunn Company, a full-service commercial real estate firm, recently completed three transactions located in the Inland Empire.

The Orange County office of Charles Dunn Company, a full-service commercial real estate firm, recently completed three transactions located in the Inland Empire.

Douglas Golden, managing director, in Charles Dunns Orange County office, sold a 13,500 SF industrial building with adjacent 10,000 SF lot for future growth for $535,000. The building is located at 3082 Franklin Avenue in Riverside, Calif. Golden represented the buyer, George and Maria Hayashi. The seller, Scott Kantrowitz, Edward White and the Kantrowitz Trust, was represented by CB Richard Ellis. The buyers, owners of Vernon based Engine Trend, Inc., Engine Trend Inc., will be opening the companys fourth distribution center in Southern California.

Many companies are looking in the Inland Empire to relocate their businesses or open satellite locations, thus confirming the strength of the market," said Golden. While everyone knows that warehouse users have migrated to the Inland Empire to take advantage of inexpensive, modern distribution facilities, people forget about the needs resulting from the massive population growth of the region. Many new businesses have opened to provide industrial and medical services to the areas residents."
      
In addition, Golden completed a 5,800 SF, 4-year lease transaction on behalf of Home Pharmacy of California (HPC). The industrial building is located at 2045 California Street, unit 114 in Corona, Calif. The tenant, Burbank based Home Pharmacy of California, was represented by Golden. The landlord, Peter Marovic, was represented by Lee & Associates. According to Golden, HPC will be using this facility as a closed-door pharmacy, ambulatory infusion center and warehouse for pharmaceutical products.

Also in the Inland Empire, Golden completed a 29,020 SF lease on behalf of K. B. Sales. The industrial building is located at 2315 Locust Street in Ontario, Calif. The tenant, K. B. Sales, was represented by Golden. The landlord, Marshallee Shopping Centers, was represented by CB Richard Ellis. Since K.B. Sales, a distributor of outdoor furniture in the U.S., needed additional space, the Santa Monica-based company relocated from its Torrance facility to the Ontario building, said Golden.

Charles Dunn Company is one of the largest full service brokerage and property management firms on the West Coast. Since its founding in 1921, Charles Dunn Company has been helping thousands of companies and individuals with a full complement of real estate services. The California-based company offers comprehensive brokerage, property and asset management, corporate and construction advisory as well as financial services to tenants,
owners, investors and developers. Charles Dunn Company maintains offices in downtown Los Angeles, West Los Angeles, Sacramento, San Diego, Seal Beach, San Fernando Valley, San Francisco, Orange County and Phoenix.    For more information, visit www.charlesdunn.com

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