580 S. Melrose Street, Placentia
February 9, 2017
Address: 580 S. Melrose Street, Placentia
Description: 20,087 sq. ft. industrial building
Buyer: Dayton Family Trust
Seller: Nan-Hsing Cheng
Assignment: Market for sale an older industrial property with elements of deferred maintenance and an abundance of second story office.
Result: The marketing program was able to generate multiple purchase offers and we ultimately secured an all cash buyer at a favorable price and terms for the Seller. We also negotiated a flexible leaseback for our client post-closing while they moved into a new facility.
Total Value of the Transaction: $2,691,658