Western Realco Buys Anaheim Development Site for $40.7M

Western Realco has acquired a fully entitled 12.14-acre industrial development site on East Vermont Avenue in Anaheim from Rexford for $40.7 million. The buyer will begin demolition immediately and develop a new 256,046-square-foot Class A industrial building.

Construction is expected to complete in late 2027. The site development can accommodate a broad range of uses including logistics, manufacturing, assembly, food processing, and temperature-controlled storage. JLL completed the sale and will market the new development for lease or sale.