VSI LLC And Truxtun Holdings LLC Acquire Office Buildings In Bakersfield For $4.7 Million

The transaction involves the sale of two fully leased office buildings located at 1100 Mohawk Avenue and 5555 Truxtun Avenue in Bakersfield, with a total square footage of 26,625. The properties span an area of 2.84 acres. The sale price was set at $4,700,000, reflecting a price per square foot of $177.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $4,700,000
• Square Footage: 26,625
• Address: 1100 Mohawk Avenue, Bakersfield; 5555 Truxtun Avenue, Bakersfield
• Market: Bakersfield
• Buyer: VSI, LLC & Truxtun Holdings, LLC
• Seller: 1100 Mohawk Partnership
• Brokers: Patrick Thompson, Alex Balfour & Scott Salters - Cushman & Wakefield

Cushman & Wakefield facilitated the transaction, with Pat Thompson serving as the representative for the seller, 1100 Mohawk Partnership. Alex Balfour and Scott Salters represented the buyers, VSI, LLC and Truxtun Holdings, LLC, completing the deal successfully.