Anaheim Warehouse Targeted for Residential Redevelopment
Connect Media
Irvine, CA-based Shopoff Realty Investments, in partnership with funds managed by Argosy Real Estate Partners, acquired a 20.5-acre property in Anaheim, CA through a sale-leaseback transaction. The new owner plans to renovate the asset into a residential property. The existing 356,187-square-foot distribution warehouse and office space at 901 E. South St. in the Anaheim Colony is occupied by Freeman. The corporate seller has been retained as a tenant, and plans to lease the property for 15 months.