Dr. Andrew Langroudi Acquires Office Building In Lancaster For $3.2M With Marcus & Millichap

An office property located at 1672 W. Ave. J in Lancaster was recently sold for a price of $3,175,000. The property spans a total area of 21,972 square feet and was sold at a rate of $144 per square foot. The sale took place on 02/17/2022.

Summary of transaction details

• Property Type: Office
• Transaction Amount: $3,175,000
• Date: 02/17/2022
• Address: 1672 W. Ave. J, Lancaster
• Market: Lancaster

The buyer of the property was Dr. Andrew Langroudi, while the seller was Mr. Walter Asher. The transaction was facilitated by brokers Martin Agnew, Ryan Serling, and Stuart Fagan, who represented both the buyer and seller. The brokers were associated with Marcus & Millichap.