Plains All American Pipeline Sells 14.19 Acre Development Site In Long Beach For $50.7M

Plains All American Pipeline has sold a development site in Long Beach for $50,700,000. The property, located at 5900 Cherry Avenue, covers an area of 14.19 acres. The sale was facilitated by brokers Andrew Briner, Jim Linn, Bret Hardy, John McMillan, and Danny Williams from Newmark.

Summary of transaction details

• Property Type: Development Site
• Transaction Amount: $50,700,000
• Address: 5900 Cherry Avenue
• Market: Long Beach
• Acres: 14.19

The involvement of Plains All American Pipeline's brokers, Andrew Briner, Jim Linn, Bret Hardy, John McMillan, and Danny Williams from Newmark, highlights the collaborative efforts in the successful transaction of the development site in Long Beach.