A 44,368 square foot multi-tenant industrial and office business park in Signal Hill, CA purchased in December 2023 for $9,860,000 ($222 per square foot).

Built in 1988, the property is among the “Best in Class” multi-tenant business parks in the submarket. The property was 90% occupied at the time of purchase with an in-place 7.8% cap rate. Dunbar plans to hold the property in its portfolio for cash flow.