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Loctek Inc. Acquires Development Site In Apple Valley For $25M

Property Image
SOLD
$25,000,000

California

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Development Site
Sold 08/15/2023
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Property Image
SOLD

Loctek Inc. Acquires Development Site In Apple Valley For $25M

Development Site
Sold 08/15/2023
the dealplayerscompscontact
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Summary

Asset Type:Development Site
Transaction Type:Sale

Loctek Inc. has acquired a development site in Apple Valley, CA for a sale price of $25,000,000. The property is located in a prime market and offers potential for future development.

Summary of transaction details:

  • Property Type: Development Site
  • Transaction Amount: $25,000,000
  • Buyer: Loctek Inc.
  • Seller: Arch Anchor
  • Seller's Representatives: Yashaar Amin, John Pomer, Ben Gott
  • Seller's Broker: Richard Schwartz - Colliers
  • Date: 08/15/2023
  • Market: Apple Valley, CA

The transaction was facilitated by Yashaar Amin, John Pomer, Ben Gott as representatives of Arch Anchor. Richard Schwartz from Colliers acted as the seller's broker in the deal. The sale price of $25,000,000 reflects the value of the development site in this market.

Players

Richard Schwartz
Colliers
Richard Schwartz
6 deals$441.7M volume
BROKER
LI
Loctek Inc
BUYER

Details

SOLD
IMAGE: Yashaar Amin, John Pomer, Ben Gott & Richard Schwartz DATE: 08/15/2023 MARKET: Apple Valley, CA ASSET TYPE: Development Site BUYER: Loctek Inc. SELLER: Arch Anchor (@ArchAnchor) - Yashaar Amin (@YashaarAmin); RW Marina Development (@Redwood_West) - John Pomer & Ben Gott SELLER'S REP: Richard Schwartz - Colliers (@ColliersInternational) SALE PRICE: $25,000,000

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