Commercial Property Executive A fund managed by Ares Management has paid $64 million, or $247.58/sf, for the 258,506-square-foot industrial property at 7400 West Hazard Ave. in Westminster, Calif. The Los Angeles investor purchased the property from Clarion Partners, which had acquired it in 2013 for $26.7 million. Cushman & Wakefield brokered the deal and arranged […]

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