First-Citizens Bank & Trust has purchased a 19,200-square-foot industrial property in Anaheim, California, for $5.95 million, or $309 per square foot, in an all-cash deal. The national financial institution — commonly known as First Citizens Bank — plans to demolish the existing warehouse structure at 1180-1190 N. Tustin Ave. and build a new branch of its bank on the 1.12-acre plot. The existing building was constructed in 1982.
Bank To Redevelop Industrial Property in Anaheim, California
First Citizens Bank Purchased Small Industrial Property from Private Investors in an All-Cash Deal
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IN THIS ARTICLE
- Properties
- Contacts
- Luke Hudson
Principal - Industrial, Lee & Associates Commercial Real Estate Service
- Robert Garey
Managing Director, Cushman & Wakefield
- Brad Gilmer
Principal, Lee & Associates Commercial Real Estate Service
- Jim McFadden
Executive Director, Cushman & Wakefield