CBRE Sells 22-Location Southern & Northern California Portfolio For $138M

The property involved in this transaction is a portfolio consisting of 22 locations in Southern and Northern California. The sale took place for a total price of $138,000,000. The portfolio has a total square footage of 251,996, resulting in a price per square foot of $548.

Summary of transaction details

• Property Type: Package Deal
• Transaction Amount: $138,000,000
• Square Footage: 251,996
• Price per Square Foot: $548
• Market: California

The key individuals involved in the deal were Bill Durslag, Dan Riley, Austin Wolitarsky, Simon Mattox, and Kyle Woods. They represented the seller as part of the Socal Retail Advisory team at CBRE.