1255 Knollwood Circle, Anaheim

November 20, 2019

Address:  1255 Knollwood Circle, Anaheim

Description:  25,162 sq. ft. single-tenant industrial building

Seller:  Knollwood Real Estate, LLC

Buyer:  RIF IV – Knollwood, LLC (Rexford Industrial)

Assignment:  Sell the property within a limited timeframe, competing against a superior adjacent property.

Result:  The Hefner Team was able to generate multiple purchase offers for the property on behalf of the Seller and ultimately secured an all cash buyer who closed within 16 days of opening escrow. The property sold more quickly and the owner achieved a higher price than the competing adjacent property.

Total Value of the Transaction:  $2,768,144