Storm Properties Inc. acquired an industrial property in Santa Ana for $5.95 million. Located at 4320 W. 1st St. and 201 S. Mountain View St., the 2.53-acre site features an 11,300-square-foot industrial building with a two-story office area and is currently vacant. Storm Properties plans to actively market the facility for lease.
The property benefits from dual street frontage on West 1st Street and Mountain View Street and consists of two separate primary parcels. Its functional, rectangular configuration includes a fully fenced, secured concrete yard, making it ideal for a range of industrial users, according to Storm Properties.
“This asset offers a rare combination of flexible industrial space and food-use infrastructure in a prime location,” said Alan Kwan, VP of acquisitions for Storm Properties. “We’re excited about its leasing potential given the returning demand for well-located industrial product in key markets such as this one in the heart of Orange County.”
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