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

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SOLD
$4,400,000

California

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Medical Office15,213 SF
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SOLD

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

8630 Florence Ave, Downey, CA, 90240

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Medical Office15,213 SF
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Summary

CALIFORNIA
Asset Type:Medical Office
Price Per Square Foot:$289
Total Square Footage:15,213 SF
Transaction Type:Sale

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.

Players

Patrick Barnes
4 deals$23.1M volume
BROKER

Details

SOLD
IMAGE: 8630 Florence Ave, Downey, CA, 90240 MARKET: Downey BUYER'S REP: Gary Martinez-NAI Partners BUYER: The Whole Child SELLER'S REP: Patrick Barnes - Avison Young SELLER: Private Investor PRICE: $4,400,000.00 SF: 15213

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