720-780 Milliken Avenue

December 5, 2020

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