2000 Gold Limited Partnership Sells Office And Industrial Assets In Monterey Park And City Of Industry For $37.1M With Ryan Campbell & Tony Naples
2525 Corporate Place, 2630 Corporate Place & 901 Stimson Avenue
447,462 SF
Summary
The property involved in the transaction is located at 2525 Corporate Place, 2630 Corporate Place, and 901 Stimson Avenue in Monterey Park and City of Industry. It consists of office and industrial spaces with a total square footage of 149,154. The sale price for this property was $37,070,000, resulting in a price per square foot of $249.
Summary of transaction details:
- Property Type: Office & Industrial
- Transaction Amount: $37,070,000
- Address: 2525 Corporate Place, 2630 Corporate Place & 901 Stimson Avenue
- Market: Monterey Park & City of Industry
- Square Footage: 149,154
- Price Per Square Foot: $249
Ryan Campbell, SIOR of NAI Capital, and Tony Naples of Lee & Associates represented the seller, 2000 Gold Limited Partnership, in this $37,070,000 1031 Exchange investment sale. They successfully completed transactions totaling 149,154 square feet, effectively meeting the investment goals of their client. The deal faced challenges, but Campbell and Naples navigated through them to ensure a successful transaction.
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