Garden Grove, CA (2/17/15) – Mike Bouma, Paul Caputo, and Eric Smith of Voit Real Estate Services’ Anaheim office successfully directed the $9,245,000.00 sale of a 77,500 square-foot industrial warehouse located at 10781 Forbes Avenue in Garden Grove, CA, on behalf of the seller, Paskin 2003 Trust. The buyer was Latif and Qudsia Mahjoob, who were represented by Jason Abboud of Lakeside Realty, according to Caputo, a Vice President in Voit’s Anaheim office.
“There is definitely a shortage of quality buildings for sale in most Southern California markets with end users expanding further out from their current location to find the right building. As a great example, the last two users we sold larger buildings to in this area migrated into Orange County from the Los Angeles area. ” noted Caputo.
About Voit Real Estate Services
Voit Real Estate Services is now a 10 office commercial real estate firm that, through its brokerage and real estate management professionals working together, provides strategic property solutions tailored to clients’ needs. Combining 40 years of expertise in brokerage, investment advisory, financial analysis, market research, real estate management and tenant advisory, Voit provides clients with forward looking strategies that create value for their assets and portfolios.
Voit is a privately held, debt-free firm that has successfully navigated numerous market cycles since 1971 and currently employs more than 250 people. Voit has owned, developed and managed over 53 million square feet of commercial real estate, participated in $1.4 billion of construction projects and completed over $36 billion in brokerage transaction volume. Further information is available at www.voitco.com.