Metro Properties Sells Plaza Diamond Bar To Local Investors For $12.2M

The Plaza Diamond Bar, located in Diamond Bar, has been sold in two separate transactions. The off-market sale, arranged by Anchor Point Capital, involved a 25,000-square-foot office building and an 8,000-square-foot retail building. The office building was sold for all cash, while the retail building was structured with creative seller financing. The total sale price for both properties was $12.2 million, with the office building representing a larger portion of the transaction.

Summary of transaction details

• Property Type: Office & Retail
• Transaction Amount: $12,200,000
• Square Footage: 33,000
• Price per Square Foot: $370
• Address: 2040 Brea Canyon Road & 2020 Brea Canyon Road, Diamond Bar
• Market: Diamond Bar

Eric Vu from Anchor Point Capital represented the seller, Metro Properties, LLC, in this transaction. The Plaza Diamond Bar was acquired by local private investors, demonstrating the interest and confidence in the Diamond Bar market for both office and retail properties.