Newmark Brokers Sale of AEW’s 218,648 SF Birch Commerce Center in Brea, California to New York Life

Newmark has negotiated the sale of Birch Commerce Center, a Class A distribution facility in Brea. Terms of the transaction were not released. Built in 2016, the 218,648-square-foot facility is fully leased to two tenants. Birch Commerce Center offers a clear height of 32 feet, 21 dock-high loading doors, ESFR sprinklers and a fully fenced concrete truck court. The property offers proximity to SR-57, SR-91, SR-60, SR-22 and Interstate 5.

AEW Capital Management
Tom Mullahey | Head of Western U.S. Acquisitions
New York Life Real Estate Investors
Page Gostling | Managing Director, Acquisitions/Dispositions

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