The Brooklyn Companies Acquires Office Property In Garden Grove For $14M

The sale of an office property located at 12951 Euclid St in Garden Grove has been finalized. The property spans a total area of 45,451 square feet and was sold for $14,000,000, resulting in a price per square foot of $308. The transaction took place on August 24, 2022.

Summary of transaction details

• Property Type: Office
• Transaction Amount: $14,000,000
• Address: 12951 Euclid St
• Market: Garden Grove
• Buyer: The Brooklyn Companies
• Seller: Pacific Development Partners
• Buyer's Representative: Norman Lee - Newmark
• Seller's Representatives: Sean Fulp, Mark Schuessler, Ryan Plummer, and Paul Jones - Newmark
• Mortgage Broker: Jason Roth - Newmark

The buyer of the property was represented by Norman Lee from Newmark, while the seller was represented by Sean Fulp, Mark Schuessler, Ryan Plummer, and Paul Jones, also from Newmark. Jason Roth, also from Newmark, acted as the mortgage broker for the transaction.