17800 Gothard Street, Huntington Beach

September 23, 2020

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