A 21,040 square foot cultivation facility located at 44211 Yucca Avenue in Lancaster, California, was successfully sold for $3,105,000. The property was purchased by Frank Cid from the seller, Leo Polosajian. The deal was facilitated by brokers Josh Markowitz of Markowitz Commercial Real Estate and Jamie Warm of Berkshire Hathaway Home Services.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $3,105,000
• Address: 44211 Yucca Avenue
• Market: Lancaster
• Square Footage: 21,040
• Price per Square Foot: $148
• Buyer: Frank Cid
• Seller: Leo Polosajian
• Brokers: Josh Markowitz - Markowitz Commercial Real Estate; Jamie Warm - Berkshire Hathaway Home Services

Josh Markowitz of Markowitz Commercial Real Estate and Jamie Warm of Berkshire Hathaway Home Services played instrumental roles in negotiating the sale of the cultivation facility and the business onsite. The business was also successfully sold in a separate transaction as part of this deal.