Newport Beach Firm Acquires Four Properties, Two In OC For $35 Million
06 Jun 2016
Newport Beach-based real estate investment firm Hager Pacific Properties has acquired four properties for $35 million in California and Wisconsin.
Two properties are in Buena Park: a 41,715-square-foot ice cream plant on 5.5 acres of land at 6400 Regio Ave.; and a 42,988-square-foot milk plant on nearly 5 acres of land at 6408 Regio Ave.
The milk plant is leased for seven years. The ice cream plant will be leased for a short term.
The remaining properties are in Oakland and Milwaukee.
Hager Pacific is a $2 billion real estate investment firm that owns 110 properties in the U.S., including six in Orange County.