The property involved in the transaction is located at 5253 Business Center Drive in Fairfield. It is classified as an office asset type. The transaction was completed with a sale price of $11,500,000 for a total of 103,128 square feet, resulting in a price per square foot of $112. The property is intended to be repurposed as a showroom, office, and light manufacturing facility.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $11,500,000
• Square Footage: 103,128
• Price Per Square Foot: $112
• Buyer: Stephen Schwartz - ATI Windows
• Seller: Eastbourne Investments
• Brokers: Brooks Pedder, Matt Post & Tony Binswanger - CBRE

Brooks Pedder, Matt Post, and Tony Binswanger from CBRE represented the seller, Eastbourne Investments, in this transaction. The deal marks a significant transfer of property ownership within the market, highlighting the role of brokerage firms in facilitating such transactions.