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CERRITOS, CALIF. — Colliers International has completed the $4.35 million acquisition of a 48,351-square-foot industrial building located at 17719 Valley View in Cerritos. Built in 1980, the facility is situated on 100,619 square feet of land in south Los Angeles County. Colliers represented Cerritos-based 17719 D & D Management LLC in its purchase of the property from Visalia, Calif.-based Oviatt Family Trust, which was represented by Lee & Associates Tom Gilmer, Brad Gilmer and Clif Fincher. The buyer’s distribution operation, Nelson-Dunn Inc., will occupy the space for the warehousing and distribution of hose and hydraulic components.