The 24,600 square foot industrial building located at 625 S. Fee Ana Street, Placentia sold for $5,227,500. The Buyer, PKR Investments, was represented by James deRegt and Jonathan Mejia of Lee & Associates – Newport Beach. The Seller, Temporary Power Solutions, was represented by Keith Greer of CBRE.
After completing significant renovations, the Buyer intends to occupy the property and will operate as P5 Graphics. The sale was completed with Seller financing and was in escrow for 60 days.
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