Bob Din Acquires Retail (Medical Office) Property In Long Beach For $11M

The retail property located at 1220 East 4th Street in Long Beach has been sold for a total price of $11,000,000. The property is a medical office and spans a total area of 15,860 square feet, resulting in a price per square foot of $694.

Summary of transaction details

• Property Type: Retail (Medical Office)
• Transaction Amount: $11,000,000
• Address: 1220 East 4th Street, Long Beach
• Market: Long Beach
• Buyer: Bob Din
• Seller: Turner Impact Capital
• Seller's Representative: Matt DiCesare, Jeffrey Cicurel, Andrew Milne & John Chun - JLL

The deal was facilitated by JLL, with Matt DiCesare, Jeffrey Cicurel, Andrew Milne, and John Chun representing the seller, Turner Impact Capital. The transaction marks a successful transaction in the Long Beach market and showcases the demand for medical office spaces in the area.