Jeff Smith and John Seoane of Lee’s Ontario office represented both the buyer, Mendocino Forest Products Co., LLC, and seller, The Richard S. Anfinson and Patricia J. Anfinson Living Trust, in this transaction. Mendocino is a leading manufacturer and distributor of environmentally certified lumber products throughout California and the Western U.S.
“This property has some unique features that appealed to manufacturing users in the market. The heavy power, extra land, external dock loading pad and rail service all created an exclusive property for the right end user,” said Seoane. “Despite existing issues with the current loan and limited options available, we were still able to close the deal in a short timeframe.”
Built in 1979, the 53,825-square-