SOLD
The City Of Garden Grove Acquires Garden Grove Plaza Office Building For $12.12M
12966 Euclid Street
Office
64,402 SF
64,402 SF
Sold 143 days ago
Summary
Sale
CALIFORNIA
Office
64,402 sqft
The City of Garden Grove has purchased the Garden Grove Plaza, a five-story office building located at 12966 Euclid Street in Garden Grove, CA. The strategic acquisition of this well-located asset next to City Hall will provide strong cash flow for the future. The sale, facilitated by CBRE's Investment Properties team, closed for a total of $12,120,000.
Summary of transaction details
- Property Type: Office
- Transaction Amount: $12,120,000
- Square Footage: 64,402
- Price per Square Foot: $188
- Address: 12966 Euclid Street, Garden Grove, CA
- Market: Garden Grove
CBRE's brokers Anthony DeLorenzo, Bryan Johnson, Nick Williams, and Peter Wells represented the City of Garden Grove in the transaction. Their expertise and guidance ensured a successful sale of the Garden Grove Plaza.
Players
All
5
Agents
4
Agencies
1
Details
SOLD
IMAGE: Nick Williams, Bryan Johnson, Anthony DeLorenzo & Peter Wells
DATE: 12/11/2023
ADDRESS: 12966 Euclid Street
MARKET: Garden Grove
ASSET TYPE: Office
BUYER: The City of Garden Grove
BROKERS: Anthony DeLorenzo (@AnthonyDelorenzo), Bryan Johnson (@CallMeBryanJ), Nick Williams & Peter Wells - CBRE (@CBRE)
SALE PRICE: $12,120,000
SF: 64,402 ~ PPSF: $188
NOTE: CBRE's Investment Properties team has closed the $12.12 million sale of Garden Grove Plaza, a five-story office building in Garden Grove, CA. The City of Garden Grove strategically acquired the well-located asset next to City Hall, securing strong cash flow for the future.View on map
Loading...
Address12966 Euclid Street
Comparables
Reset filters to show results.
Contact
Get in touch with the broker you want