Connect CRE | Mark Nieto
GLP Capital Partners has purchased 458 E. Lambert Road, a 406,000-square-foot industrial property in Fullerton, CA. The $156 million deal works out to $384 per square foot, making it the most expensive industrial sale in Orange County in 2022. The seller was Swiss Re, a European insurer which bought the building for $55 million in 2014.
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