Jose Hernandez Purchases Industrial Property From Steven Cohen In Oxnard For $1,200,000

The property asset involved in this transaction is an industrial building located at 1177 Saviers Road in Oxnard. The sale price was $1,200,000, and the building has a total square footage of 3,034, which translates to a price per square foot of $395.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $1,200,000
• Buyer: Jose Hernandez
• Seller: Steven Cohen
• Brokers: Daniel Hirth & Alex Reyhan - The Hirth Group
• Square Footage: 3,034
• Price per Square Foot: $395
• Market: Oxnard
• Date of Sale: 07/01/2026

Alex Reyhan and Daniel Hirth utilized their combined 25 years of commercial real estate experience to navigate various challenges throughout the transaction. They represented both the buyer and the seller, managing to keep the seller informed and engaged despite complications such as the buyer's SBA loan rejections and the requirement for a Phase 2 environmental assessment at the end of the process. Their approach ultimately resulted in a successful closing that benefited all parties involved.