BUENA PARK, Calif. – DAUM Commercial Real Estate Services recently completed the lease of an approximately 4.4-acre land parcel encompassing two buildings totaling 14,019 square feet of corporate offices, showroom, and warehouse space in the Orange County submarket of Buena Park, California.

Chris Migliori, SIOR, an Executive Vice President at DAUM Commercial, represented the lessor, Cal Hickel Holdings, LP, in the transaction, securing a 74-month lease to a tenant whose operations are ideally served by the property.

“Our client had a prime, central Southern California location available that presented the potential to be utilized or adapted for a wide variety of uses, including warehousing and distribution, vehicle sales, or a parking lot,” explains Migliori. “Through successful marketing of the property and a strategic evaluation of prospective lessees, we ultimately identified an automobile wholesaler and storage business that saw strong value in the asset’s existing facilities and 20:1 parking ratio.”

Migliori notes that the property attracted strong interest from a range of potential tenants as the Orange County market experiences record-high demand, with the North Orange County submarket in particular seeing incredibly tight vacancies of 1.24% in Q1, according to a new DAUM report.

“Opportunities to occupy properties with major street frontage and freeway visibility in Southern California is exceedingly rare, which enabled us to negotiate a strong rental rate for our client,” continues Migliori. “The tenant’s business is positioned to greatly benefit from operating within this heavily trafficked area near the border of Orange and Los Angeles counties, ultimately providing stability for the lessor.”

The property is located at 7015 Knott Avenue in Buena Park, California and situated near major highways including State Route 91, Interstate 5, and Interstate 605. The total consideration of the lease is more than $5 million.

PIMA COUNTY, ARIZONA – Kino Sports Complex invites all food vendors, both tent and truck, to a Food Vendor Info Fair at 5:30 p.m., Tuesday, April 26.

Kino Sports Complex hosts over 100 events each year from sports tournaments to concerts to charity events. Participants will learn how to get on the Kino Sports Complex Registered Vendor list, then tour the facilities.

Soccer, baseball, rugby, football, lacrosse, pickleball players and fans get hungry. Vendors can sell delicious food and beverages this year at some of our popular sports tournaments, concerts, and charity events.

“We are searching for both traditional and unique food vendors,” said Reenie Ochoa, Kino Sports Complex Director. “We welcome all kinds of food vendors, whether you’re serving ballpark hotdogs, tacos, raspados, or any other type of food or beverages.”

Interested Food Vendors should RSVP to 520-724-5466 by 5 p.m., Friday, April 22.

Food Vendor Info Fair

When: Tuesday, April 26

Where: Kino Sports Complex Administration Building, 2500 E. Ajo Way

SAHUARITA, ARIZONA – KB Home has joined four other homebuilders in Rancho Sahuarita’s Entrada Del Pueblo, closing on 94-SFR 50’ wide lots at $7.4 million for finished lot cost.
Pulte, Meritage, Lennar and Richmond American account for the other 334 homesites for a total of 428 homes being built.

Rancho Sahuarita is a 3,000-acre master planned community located within the municipal boundaries of Sahuarita, Arizona, a town with a population of approximately 31,500 in Southern Arizona. Sahuarita is one of Arizona’s fastest-growing communities located roughly 20 minutes south of Central Tucson on Interstate 19 and Tucson International Airport a 20-minute drive away.

Started in 2000, Rancho Sahuarita began expansion south of Sahuarita Road with Entrada La Coraza in 2021. All within the vicinity of the new hospital south of Entrada La Coraza.

Diana Dessy, Director of Land Assets at Rancho Sahuarita, represented RSMC VII, LLC, an affiliate of Rancho Sahuarita (Jeremy Sharpe, COO) and Andrew Gasparro, Director of Land Acquisitions at KB Home Tucson handled the transaction for the homebuilder.

For more information, Dessy can be contacted at 520.299.8766.

To learn more, see RED Comp #9750.