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FULLERTON, CALIF. — Colliers International has negotiated the $12.25 million purchase of a 198,020-square-foot industrial property, located at 1424 S. Raymond Ave. in Fullerton, by South Coast Transportation and Distribution. The property consists of three industrial buildings situated on 14.9 acres of land. Colliers’ Clint McMorris and Lary Carlton represented the Los Angeles-based buyer in the transaction, and Grubb & Ellis’ Jeff Read and Greg Osborne represented the seller, Newport Beach, Calif.-based Western Realco.