Robin Farias-Eisner Of Western University Acquires Office Tower From Phillip Lee For $13.3M In Pomona

The property involved in the transaction is a nine-story office tower located at 300 South Park Avenue in Pomona. The asset has a total square footage of 120,776 and was sold for $13,300,000, equating to a price per square foot of $110. As of the time of sale, the property was 75% leased, with tenants primarily in the healthcare and government sectors. The overall size of the lot is 1.6 acres.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $13,300,000
• Address: 300 South Park Avenue, Pomona
• Total Square Footage: 120,776
• Price per Square Foot: $110
• Buyer: Robin Farias-Eisner - Western University of Health Sciences
• Seller: Phillip Lee - Jamison Services
• Market: Pomona
• Leased Percentage: 75%

In this transaction, Robin Farias-Eisner represented the buyer, Western University of Health Sciences, while Phillip Lee represented the seller, Jamison Services Inc. This deal marks a significant acquisition for the university, enhancing its real estate portfolio in the Pomona market.