ORANGE COUNTY, CA.
US POSTAL SERVICE
The US Postal Service was in critical need of a large facility and excess land within the supply constrained Orange County, CA market. The La Palma Ave parcel met their requirement however it was not being offered for sale. The team was able to deliver the US Postal Service this critically needed sorting and distribution warehouse facility and conclude the sale in under 7 days.
History
Sale of primary sorting and distribution facility to the US Postal Service. 280,000 SF highly secured mail campus on 30 acres. Property was originally built in 1983 for a pharmaceutical manufacturer. Concluded sale in 7 days.
Rates
LOCATION: Orange County, CA
VALUE: $30 Million
SIZE: 350,000 SF
START: 1996
COMPLETION: 1996
ADVISORY/BROKERAGE: VOIT