Advertisement
YOU ARE HERE: LAT HomeCollections

ORANGE COUNTY BRIEFLY

Pacific Gulf Buys Property

May 30, 1997|(Dow Jones)

NEWPORT BEACH — Pacific Gulf Properties Inc. bought a 263,000-square-foot vacant industrial distribution facility adjacent to one of its industrial properties in Algona, Wash., for $8.75 million, the real estate investment trust said Thursday.

Pacific Gulf will rehabilitate the facility, which can be divided into 20,000-square-foot spaces for mid-size users. The acquisition brings the company's industrial portfolio to nearly 6.3 million square feet.

Advertisement
Los Angeles Times Articles
|
|
|