Yaaqov Haim Acquires Retail Property From First Entertainment Credit Union For $3.3M

The asset involved in this transaction is a retail property located at 260 North Sanderson Avenue in Hemet. The sale price of the property was $3,300,000, encompassing a total square footage of 16,800, which equates to a price per square foot of $196.

Summary of transation details:

• Property Type: Retail
• Transaction Amount: $3,300,000
• Address: 260 North Sanderson Avenue
• Market: Hemet
• Square Feet: 16,800
• Price Per Square Foot: $196
• Buyer: Yaaqov Haim
• Seller: First Entertainment Credit Union
• Buyer's Representative: Bob Mooney - Colliers
• Seller's Representatives: Orbell Ovaness, Ara Rostamian & Ivan Prochko - Marcus & Millichap

Yaaqov Haim was the buyer of the property, while the seller was First Entertainment Credit Union. The transaction was facilitated with the assistance of representatives from Colliers and Marcus & Millichap, with Bob Mooney representing the buyer and Orbell Ovaness, Ara Rostamian, and Ivan Prochko representing the seller.