Case Study: Industrial - California
1040 North Olive
A 34,300 square foot industrial property in Anaheim, CA purchased in August 2020 for $3,000,000 ($87 per square foot) in an off-market, all-cash, transaction.
Dunbar extensively renovated the two metal structures including replacing the roofs and nearly all the metal siding, renovating the interior offices, and modernizing the landscaping. Dunbar sold the property in December 2021 for $7,050,000 ($205.54 per square foot) to an institutional buyer.
Size
34,300 SF
Transaction Details
Off-market, all-cash
Acquisition
$3,000,000
August 2020
Disposition