Abell Auction Leases 14,117 SF Mixed-Use Space In Commerce To Cardinal Coate Trust

The leased property located at 6620 Telegraph Road in Commerce spans 14,117 square feet and is classified as a mixed-use asset. The landlord, Cardinal Coate Trust, finalized a lease agreement with Abell Auction Company, with the space intended for showroom use, auction events, and storage of the company's collection.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: Not specified
• Address: 6620 Telegraph Road
• Market: Commerce
• Tenant: Abell Auction Company
• Landlord: Cardinal Coate Trust

Transwestern Real Estate Services played a crucial role in facilitating the 14,117-square-foot lease for Abell Auction Company at 6620 Telegraph Rd. Abell Auction Company, established in 1916, has a rich history as a family-operated business, specializing in collaborating with estates of renowned personalities, including actors, producers, and U.S. presidents. J.D. DeRosa of Transwestern represented Abell Auction in the lease negotiations, while Mark Repstad of Southland Commercial Real Estate acted as the landlord's representative, showcasing a successful transaction between the parties involved.