Lee & Associates Orange Represents Buyer & Seller on a 12,125 Sq.Ft. Industrial Building
Fullerton, CA—May 2, 2019—Luke Hudson, Scott Seal and Ryan Magarian represented the Buyer and Seller on a 12,125 SF freestanding industrial building located at 1522 Kimberly Ave., Fullerton, CA. The Buyer, PKPG Investment Holdings, LLC was a cash investor who was able to come in with a quick close to help accommodate the Seller in a much needed 1031 exchange. The Seller, Scott Ravenhorst Commercial Property Trust acquired a larger facility in Riverside to accommodate his company’s growth.
The Kimberly building was constructed in 2008 and sold for $214 SF, or $2,600,000.00.