Azusa Center
Photo courtesy of SENTRE

Azusa Center Photo courtesy of SENTRE

 

SENTRE, a real estate investment firm based in downtown San Diego, has acquired a San Gabriel Valley manufacturing plant for $12.5 million.

The two-building Azusa Center property at 301 and 411 N. Aerojet Drive was sold by Mortech Manufacturing.

Mortech Manufacturing makes stainless steel autopsy, funeral home, necropsy, veterinary anatomy, dissection, and pathology equipment and accessories, according to its website.

 Upon selling the property to SENTRE, Mortech signed a 10-year lease for the entire property where it will continue ongoing operations.
The CBRE Capital Markets Debt & Structured Finance Placement team of Executive Vice President Scott Peterson and Senior Analyst Morgon Fraser represented SENTRE in the placement of $7.5 million fixed-rate, five-year term financing.