Majestic Asset Management Acquires Office Building In El Monte, CA For $73M
California
See Similar DealsMajestic Asset Management Acquires Office Building In El Monte, CA For $73M
9320 Telstar Ave
See Similar DealsSummary
The property asset involved in this transaction is an office space located at 9320 Telstar Ave in El Monte, CA. The sale was completed for a total amount of $73,000,000, translating to approximately $293 per square foot over a total area of 248,961 square feet.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $73,000,000
- Address: 9320 Telstar Ave
- Market: El Monte, CA
- Sale Price Per Square Foot: $293
- Square Footage: 248,961
- Buyer: Majestic Asset Management
- Seller: Rising Realty Partners
- Broker: Michael Longo, Todd Tydlaska, Sean Sullivan, Darla Longo, Will Pike, Melissa Moock, Anthony DeLorenzo & Mark Shaffer - CBRE
Key individuals and companies involved in the deal include Majestic Asset Management as the buyer and Rising Realty Partners as the seller. The transaction was brokered by a team from CBRE, consisting of multiple representatives, indicating a collaborative effort in facilitating this sale.
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