Dr. Armen Kassabian Purchases Retail Asset From Cadence Capital In Lancaster For $2.155M

The asset involved in this transaction is a retail property located at 1206 Commerce Center Drive in the Lancaster market. The sale price for the property was $2,155,000, with a total square footage of 5,966, which breaks down to a price per square foot of $361.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $2,155,000
• Address: 1206 Commerce Center Drive
• Market: Lancaster
• Square Footage: 5,966
• Price Per Square Foot: $361
• Buyer: Dr. Armen Kassabian
• Seller: Cadence Capital
• Broker: Vanessa Haddad - Marcus & Millichap

This transaction involved Dr. Armen Kassabian as the buyer and Cadence Capital as the seller, with Vanessa Haddad representing the interests of the buyer in the deal while affiliated with Marcus & Millichap.