Samnani Holdings Acquires Industrial Property In El Cajon, CA For $6M

Samnani Holdings, LLC has acquired an industrial property located at 635 Front Street in El Cajon, CA. The property, spanning 23,000 square feet, was sold for a total of $6,000,000, resulting in a price per square foot of $261. The transaction was facilitated by CBRE brokers Matt Pourcho, Matt Harris, Anthony DeLorenzo, and Bryan Johnson. The sellers were Chris Nelson representing Wavy Properties LLC and Royal Estate Development LLC.

Summary of transaction details

• Property Type: Industrial
• Transaction Amount: $6,000,000
• Address: 635 Front Street, El Cajon, CA
• Market: El Cajon, CA
• Buyer: Samnani Holdings, LLC
• Seller: Chris Nelson - Wavy Properties LLC; Royal Estate Development LLC
• Brokers: Matt Pourcho, Matt Harris, Anthony DeLorenzo, and Bryan Johnson - CBRE
• Square Footage: 23,000
• Price Per Square Foot: $261

The successful acquisition of the industrial property at 635 Front Street was made possible through the diligent efforts of CBRE brokers Matt Pourcho, Matt Harris, Anthony DeLorenzo, and Bryan Johnson. Their expertise and negotiation skills played a crucial role in facilitating the transaction between the buyer, Samnani Holdings, LLC, and the sellers, Chris Nelson representing Wavy Properties LLC and Royal Estate Development LLC.