110 E. Lambert Road, 150 E. Lambert Road, Fullerton

February 16, 2019

Address:  110 E. Lambert Road, 150 E. Lambert Road, Fullerton

Description:  87,652 Sq. Ft. of newly constructed distribution buildings

Seller:  Penwood / Western Realco

Buyer:  BP Lambert LLC

Assignment:  Identify a buyer for two newly constructed institutional quality distribution buildings.

Result: Secured a well-qualified private investor with a 1031 Exchange who purchased the buildings all in cash for $21,128,002 ($241.04 PSF), a record price per square foot in North Orange County for buildings of this size range.

Total Value of the Transaction:  $21,128,002