580 S. Melrose Street, Placentia

November 20, 2019

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