720-780 Milliken Avenue
Address: 720 - 780 S. Milliken Avenue, CA
Description: A 133,400 sq. ft. industrial building
Buyer: TA Realty LLC, a Massachusetts limited liabilty company
Seller: Grayburn Properties, Inc., a California corporation
Assignment: Develop and implement a marketing program for the sale of a multi-tenant business park with existing leases that were significantly below market rates.
Result: Generated over eighteen offers to purchase and through a competitive bidding process and significantly exceeded the seller's expectations in the sale to TA Realty, LLC, a pension fund advisor.
Total Value of the Transaction: $17,450,000