GRUBB & ELLIS NEGOTIATES $5.3 MILLION WAREHOUSE ACQUISITION

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COMPTON, CALIF. — Grubb & Ellis has brokered the $5.3 million purchase of a 71,360-square-foot warehouse facility, located at 18747 S. Laurel Park Road in Compton. The brokerage firm’s Sean O’Donnell represented the buyer, C&W Investment Group, in the transaction, and The Klabin Co.’s Frank Schultz represented the seller, TA Realty Associates. C&W plans to renovate and add loading doors to the building, which was originally constructed in 1973.

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