110 E. Lambert Road, 150 E. Lambert Road, Fullerton
February 13, 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