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Published Friday, January 12, 2018

LARRY KLIGER OF LAWRENCE ALLEN & ASSOCIATES REPRESENTS BUYER IN THE PURCHASE OF SEVEN OFFICE CONDOS  IN THE MASTER PLANNED SEAGATE DEVELOPMENT IN OCEANSIDE

 

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Published Tuesday, January 2, 2018
Lawrence Allen & Associates represented Norton 13 LLC ( Seller) in the disposition of a 103,000s.f. more»

LAWRENCE ALLEN & ASSOCIATES SELLS 103,000 S.F. LEASED INVESTMENT

Larry Kliger of Lawrence Allen & Associates Represents Both Sides in the Leased Investment Purchase of a 103,000 s.f. .warehouse in Chino, Ca

Published Tuesday, January 2, 2018 12:00 pm

Lawrence Allen & Associates represented Norton 13 LLC ( Seller)  in the disposition of a 103,000s.f. industrial building located at 13971 Norton Ave Chino, Ca

Larry Kliger of Lawrence Allen & Associates sold the property to  Rexford Industrial also represented by Lawrence Allen & Associates’ agent Larry Kliger. The property, originally designed as a three tenant building is currently occupied by Tuff Stuff International, a manufacturer of fitness equipment. The building is leased currently as a single tenant occupied building. Incoming CAP purchase is estimated at a 3.25 return.

The final purchase price was  $110/s.f. or $11,330,000.00

Lawrence Allen & Associates is a full service commercial brokerage and property management firm. Lawrence Allen’s brokerage and management areas of expertise include, industrial, commercial and retail properties. Lawrence Allen & Associates operates throughout the Southern California region.

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