17800 Gothard Street, Huntington Beach
Address: 17800 Gothard Street, Huntington Beach, CA
Description: A 58,867 sq. ft. freestanding industrial building
Buyer: BCI IV Gothard IC LP
Seller: Lanic Engineering, Inc.
Assignment: Implement a marketing program for a sale leaseback transaction on behalf of Lanic Engineering, Inc., a Huntington Beach based aerospace engineering company.
Result: Generated eight offers through competitive bidding process ultimately selling the asset to Black Creek Group, a Denver based real estate investment trust.
Total Value of the Transaction: $10,075,000