18012 Cowan, Irvine

Address: 18012 Cowan, Irvine, CA

Description: A 27,299 sq. ft. industrial building

Buyer: Cowan Irvine, LLC

Seller: Cowan Investments LLC

Assignment: Develop and implement a marketing plan for the sale of a Class C, functionally obsolete multi-tenant office building with significant deferred maintenance issues.

Result: Generated several offers to purchase, ultimately identifying a private investment group who paid a premium price for the asset in spite of the physical condition.

Total Value of the Transaction:  $7,066,250