Commercial Scene : Boston Firms Purchases Warehouse in Santa Ana
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Boston-based Cabot, Cabot & Forbes Realty Advisors has paid $18 million for a 378,000-square-foot warehouse and distribution building at 515 E. Dyer Road, Santa Ana.
Cabot plans to eventually redevelop the structure into a mixed-use office project, although USCO Distribution Inc. will remain in the building until its five-year lease expires.
Grubb & Ellis represented both Cabot and the seller, Santa Ana Associates.
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