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Lambert Palms
Business Center
   
 
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LAMBERT PALMS BUSINESS CENTER La Habra, CA
   
Partner:  Birtcher Investments
Cost:  $14.2 Million
IRR: 11.4% over 1½ years
Lambert Palms Business Center is a nine-building, 188,000-square-foot multi-tenant incubator industrial property situated on 14.2 acres in La Habra, Calif.

Birtcher Development & Investments acquired the property in 2003. Birtcher owned this 103-tenant property for less than two years and yielded an 18 percent internal rate of return.


 
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