Dr. Andy Navid Acquires Office In Downey From Dr. Alon Ofir For $2.97M

The property involved in this transaction is an office asset located at 8351 Florence Avenue in Downey. The sale price for the property was $2,970,000, with a total square footage of 4,618. The price per square foot was calculated to be $643.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $2,970,000
• Address: 8351 Florence Avenue
• Market: Downey
• Square Footage: 4,618
• Price per Square Foot: $643
• Buyer: Dr. Andy Navid
• Seller: Dr. Alon Ofir
• Broker: Phillip Taggart - Kidder Mathews

This transaction was facilitated by Phillip Taggart representing both parties, highlighting the role of the broker in the deal. Dr. Andy Navid was the buyer, while Dr. Alon Ofir was the seller of the office property.