Archicenter Business Park

November 12, 2019

Address:  9375 Archibald Ave., Rancho Cucamonga
Description:  62,677 Sq. Ft. Multi-Tenant Business Park


Buyer:  NSY Family Trust
Seller:  Rexford Industrial
Assignment:  Develop and implement a marketing program for the disposition of a multi-tenant industrial and office project on behalf of Rexford Industrial, a publically traded Real Estate Investment Trust.
Result:  After an extensive marketing effort, identified a private 1031 Exchange buyer who closed escrow in 30 days.  The Hefner Vernick Team represented both the Buyer and Seller in the transaction.
Total Value of the Transaction: $6,875,000