DRA Advisors Sells Signal Hill Commerce Portfolio For $24 Million With CBRE Representing Seller

The transaction involved the Signal Hill Commerce Portfolio, which includes properties located at 2698 Junipero Avenue, 2300 Walnut Avenue, and 2700 Rose Avenue. This industrial asset comprises a total area of 89,438 square feet and was sold for $24,000,000, equating to a price per square foot of $268. The market for this transaction is positioned in Signal Hill.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $24,000,000
• Sale Date: 12/11/2025
• Seller: DRA Advisors
• Buyer’s Representative: Selden McKnight - Voit Real Estate Services
• Seller’s Representatives: Grant Goldman, Mike Longo, Mark Shaffer & Anthony DeLorenzo - CBRE

This deal highlights the involvement of notable brokers, including Grant Goldman, Mike Longo, Mark Shaffer, and Anthony DeLorenzo from CBRE representing the seller, while Selden McKnight from Voit Real Estate Services represented the buyer in this significant transaction.