Rexford Industrial, a privately held Los Angeles real estate investment firm, bought a fully leased industrial building in Santa Ana for $8.5 million.
Rexford bought a 122,000-square-foot warehouse at 3441 W. MacArthur Blvd. from the Jerry Monroe Living Trust and the Monroe Family Trust, Rexford said.
An affiliate of the sellers’, Towne Inc., will continue to rent the property. Towne Inc. is the founder of AllPoints Communications, which provides support services for direct marketers.
-- Roger Vincent
Photo: Warehouse at 3441 W. MacArthur Blvd. Credit: Rexford Industrial
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