Trammell Crow Residential Acquires 6 Acre Land In Long Beach, CA From Port Of Long Beach For $29.5M

The land located at 600 West Broadway in Long Beach, CA has been sold in a recent transaction. The property is approximately 6 acres in size and was sold by the Port of Long Beach to the buyer, Trammell Crow Residential, represented by Ken Valach. The sale price for the land was $29,500,000.

Summary of transaction details

• Property Type: Land
• Sale Price: $29,500,000
• Address: 600 West Broadway, Long Beach, CA
• Market: Long Beach, CA
• Buyer: Trammell Crow Residential - Ken Valach
• Seller: Port of Long Beach
• Acres: 6

Ken Valach, representing Trammell Crow Residential, played a key role in the transaction. This sale marks an important acquisition for Trammell Crow Residential, indicating their continued investment in the Long Beach, CA market. The Port of Long Beach, as the seller, has divested this 6-acre land asset as part of their ongoing portfolio management.