|By Marketwired .||
|July 14, 2014 05:56 PM EDT||
GLENDALE, CA -- (Marketwired) -- 07/14/14 -- American Realty Advisors, a leading provider of real estate investment management services for institutional investors, announced the acquisition of 3100 W. Segerstrom Boulevard, located in Santa Ana, CA. The acquisition of this industrial asset is consistent with American's strategy to identify well-located, quality properties located in markets with high barriers to entry.
The property is a 159,163 SF highly-functional industrial warehouse building with a concrete tilt-up design situated in the dynamic Orange County industrial market. Located on 7.3 acres, it features a large 165' secure truck court with loading on the south side of the building with twelve dock doors and two grade level doors. The property also includes ample parking with trailer storage.
American's Chairman and CEO, Stanley L. Iezman, stated, "Our strategy is to target assets with competitive advantages that have limited competition due to their prime in-fill locations and proximity to large population centers. This attracts tenants seeking strategic locations for their local and regional distribution needs and can provide excellent return potential to our clients."
American Realty Advisors
American is an investment manager to institutional investors and with over $6 billion in assets under management, has provided real estate investment management services for over 26 years utilizing core and value-added commingled funds and separate accounts. American acquires assets directly or provides equity, preferred equity, mezzanine debt, debt and hybrid debt to primary investors and developers operating throughout the United States for office, industrial, multi-family, and retail properties. More information regarding American can be found at www.americanreal.com.
Image Available: http://www2.marketwire.com/mw/frame_mw?attachid=2638649