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ORANGE COUNTY BRIEFLY

Pacific Gulf Properties Sells 10-Acre Parcel

September 02, 1996

NEWPORT BEACH — Pacific Gulf Properties Inc., a publicly held real estate investment trust, has sold a 10-acre parcel and a 55,656-square-foot building in its Baldwin Park industrial park to the existing tenant. Terms weren't disclosed.

The trust also paid $8.75 million to buy a 327,000-square-foot warehouse and distribution facility in Industry.

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