Updated Oct 19, 2026
Cypress West Partners Acquires Property In Redlands For $6.3 Million With Broker Gary Stache
1776 W Park Ave, Redlands, CA, 92373
$6,300,000
$120/SF
Building Size
52,407 SF
Asset Type
Office
Closing
Nov 19, 2023
About this deal
AI
The property located at 1776 W Park Ave, Redlands, CA, 92373, is part of the Redlands market. It consists of 52,407 square feet and was sold for $6,300,000.00.
Summary of transaction details:
- Property Type: Sale
- Transaction Amount: $6,300,000.00
- Address: 1776 W Park Ave, Redlands, CA, 92373
- Market: Redlands
- Buyer: Cypress West Partners
- Seller: Northstar Commercial Partners
- Buyer's Representative: Lon Mapes - LDM Commercial
- Seller's Representative: Doug Mack - CBRE
- Broker: Gary Stache - CBRE
This transaction features key participants such as Cypress West Partners acquiring the property from Northstar Commercial Partners. Lon Mapes from LDM Commercial represented the buyer, while Doug Mack from CBRE served as the seller's representative. Gary Stache, also from CBRE, acted as the broker in the deal.
On the Map
$6,300,000
$120/SF
Office
View full map
Players
Redlands Office Market Snapshot
Boundary boundary · Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.52%
Cash-on-Cash
-0.72%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93