The Whole Child Acquires Property In Downey For $4.4 Million With Buyer's Rep Gary Martinez

The property asset involved in the transaction is located at 8630 Florence Ave, Downey, CA, 90240. This two-building medical office property, formerly used as a dialysis center, consists of a total square footage of 15,213 square feet and is built on one acre of land. The sale price for the property was $4,400,000.00, making it a significant transaction within the Downey market.

Summary of transaction details:

• Property Type: Medical Office
• Transaction Amount: $4,400,000.00
• Address: 8630 Florence Ave, Downey, CA, 90240
• Buyer: The Whole Child
• Seller: Private Investor
• Buyer's Representative: Gary Martinez-NAI Partners
• Seller's Representative: Patrick Barnes - Avison Young
• Year Built: 1969
• Total Square Footage: 15,213

In this transaction, Patrick Barnes of Avison Young represented the seller, a private investor, while Gary Martinez of NAI Partners acted as the representative for the buyer, The Whole Child. The buyer plans to utilize the larger building, which is just over 11,000 square feet, as their headquarters.