The owner of a heating and air conditioning company based in Orange, California, is buying a neighboring industrial building for its future home after a leaseback deal. A family trust has sold the 23,800-square foot building at 330 W. Taft Ave. to Ziad Roland Halwani for $8.2 million, or $334.87 per square foot. The buyer owns Star Air Kontrol in leased space at 438 W. Taft, with locations in the Los Angeles and Sacramento areas as well.
Orange, California, industrial property changes hands
Buyer will occupy 23,800-square-foot building after short-term leaseback
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IN THIS ARTICLE
- Properties
- Contacts
- Dylan Davey
Associate, Lee & Associates Commercial Real Estate Service
- Zach Schwaner
Senior Vice President, Lee & Associates Commercial Real Estate Service
- Jason Helmick
Senior Vice President, Lee & Associates Commercial Real Estate Service
- Ahmad Alam
Owner, Flag Financial Realty
- Dale Camera
Senior Vice President, Lee & Associates Commercial Real Estate Service