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Wax On, Wax Off

Waxie Sanitary Supply in $1.6 Million Sale Leaseback
By Casey Czapski
January 22, 2002 | 6:22 P.M.

The Hager Dolin Group, a Los Angeles-based investment company, has purchased Waxie Sanitary Supply's San Bernardino regional sales and distribution headquarters. Located within the Riverview Industrial Park at 1707 East Riverview Drive, the 48,000-square-foot building sold for approximately $1.6 million, or roughly $33.33 per square foot. The buyer has leased the facility back to Waxie for a 24-month term while America’s largest family-owned distributor of sanitary maintenance supplies completes construction on a new 140,000-square-foot distribution center located at the intersection of Wineville Ave. and Concours in the city of Ontario. 1707 East Riverview features 10,000 square feet of office space, 6 dock high loading stations, 2 ground level doors and a ceiling height of 20 feet. Art Day and Gerald Harvey of CB Richard Ellis' Ontario office represented David Hager and Elliott Dolin. Don Mitchell of CB Richard Ellis' San Diego office represented Waxie.

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