Principal Financial Group has paid $52.56 million, or $239.56/sf, for the 210,400-square-foot industrial property at 1050 South State College Blvd. in Fullerton, Calif. The Des Moines, Iowa, investment manager purchased the property from Oltmans Investment Co. The deal was highlighted by Kidder Mathews. The property was built in 1974 on a 17.03-acre site that is […]

The post Fullerton, Calif., Industrial Property Sells for $52.56Mln appeared first on Commercial Real Estate Direct.