6/27/2008

Seventh Street Development sells three industrial buildings for $9.3M

by Eric Ramsden

Mission 71 Business Park

In three separate transactions, Long Beach, Calif.-based Seventh Street Development has sold three industrial buildings within its Mission-71 Business Park in Pomona, Calif., for $9.3 million.

Benik, LLC, a shoe importer and distributor, acquired a 23,000 square foot industrial building. Tony Phu of Colliers International represented Benik in the transaction.

Wira Corporation, an Indonesian food distribution company, purchased a 22,000 square foot building and Zion International Enterprise Inc., a luxury handbag distributor, acquired a 16,000 square foot industrial building. Both buyers were represented by Sonny Tan of Pacific Coast Real Estate.

Seventh Street was represented in all three deals by Barbara Emmons, Lynn Knox, John Privett and Lyn Eisenhower of CB Richard Ellis.

Address: Pomona Blvd., Pomona, Calif.

Size: 61,000 square feet

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Filed Under: Industrial

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