Dalfen Industrial has made its first foray into Orange County, acquiring The Mart, a two-building industrial park totaling 182,800 square feet in Anaheim. Price and seller were not disclosed.
John Endres, Dalfen’s market lead for Orange County noted that the acquisition of The Mart provides a strategic last mile location in Southern California – one of the hottest industrial markets in the nation. He added that it was fully leased at closing with below market rents providing cash flow immediately and meaningful upside as leases mature.
This acquisition brings Dallas-based Dalfen Industrial to 7.6 million square feet of owned or under development industrial space across the Western U.S..
