GRAND COMMERCE CENTER
GRAND COMMERCE CENTER | Santa Ana, California | Commercial | 101,676 SF
ACQUIRED DECEMBER 2025 $29.9M
DIG acquired Grand Commerce Center off‑market in December 2025 for $29.9 million, a 101,676 SF, six‑building multi‑tenant industrial park situated in the heart of Santa Ana. Built in 1989, the property was 91.4% leased at closing across 68 suites, with in‑place rents 26% below market, offering immediate mark‑to‑market upside. The asset benefits from strong visibility along Grand Avenue, recent roof upgrades, and a supply‑constrained infill location with sub‑5% market vacancy. DIG plans to execute targeted capital improvements and convert modified‑gross leases to NNN to enhance recoveries and drive NOI growth.

