NAI Capital Completes User Sale of 36,163 SF Industrial Facility in Huntington Beach, CA
Irvine, CA, June 12, 2018– Senior Vice President Steve Liu and Associate Danny Delgado with NAI Capital’s Irvine office completed the sale of a 36,163 square foot industrial yard in Huntington Beach, Calif. Steve and Danny, represented the seller SAAH LLC. The buyer was a private individual, Samir Botros. The total sale price was $2,400,000 or $66.37 per square foot.
The property is located at 8551 Edison Dr. The site includes a free standing 1,350 square foot building. Located in a cul-de-sac, the facility is in a central location within the West Orange County Industrial market. At the time of the sale the building was leased. The current tenant will be vacating and the new owner will occupy the property.
Steve said, “This is a rare, well located industrial piece of real estate – minutes from the beach. The sale market for industrial product remains strong. My client had owned the property for long time and was is very happy with the sale price.”
About NAI Capital
NAI Capital is the largest independently owned full service commercial real estate firm headquartered in Southern California. As one of the largest members of NAI Global, the premier managed commercial real estate service network with 400 Offices and 7,000 market leaders spanning the globe, NAI Capital provides a complete range of transaction, valuation, investment, property management and consulting services. By leveraging our local expertise with our global reach, NAI Capital offers innovative, customized solutions and seamless service to owners, tenants, investors and developers throughout Southern California. NAI Capital clients have built their businesses on the power of our expanding network. We are a dynamic growing commercial real estate company. At NAI Capital we work together putting our clients first.
NAI Capital Brokerage CA BRE #01990696.
To learn more, visit www.naicapital.com.
About NAI Global
NAI Global is a leading global commercial real estate brokerage firm. NAI Global offices are leaders in their local markets and work in unison to provide clients with exceptional solutions to their commercial real estate needs. NAI Global has more than 400 offices strategically located throughout North America, Latin America, Europe, Africa and Asia Pacific, with over 7,000 local market professionals, managing in excess of 425 million square feet of property. Annually, NAI Global completes in excess of $20 billion in commercial real estate transactions throughout the world.
NAI Global provides a complete range of corporate and institutional real estate services, including brokerage and leasing, property and facilities management, real estate investment and capital market services, due diligence, global supply chain and logistics consulting and related advisory services.
To learn more, visit www.naiglobal.com.
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