A warehouse in Santa Ana has a new owner looking to make inroads into the Southern California market. WareSpace closed the purchase of a 122,000-square-foot warehouse at 2601 South Garnsey Street, the Orange County Business Journal reported. Cerritos-based McDonald Packaging sold the building for $31.8 million, or $260 per square foot, according to CoStar records cited by the Business Journal. CBRE’s Chip Wright and Ross Fippinger brokered the deal. The structure was reported to be empty at the time of the sale. The purchase marks WareSpace’s first venture in California; the Columbia, Maryland-based warehouse provider has 13 locations nationwide with […]
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