James Verpoten Acquires Retail Property In Long Beach For $5.35M

2610 Atlantic Ave, a retail property in Long Beach, was recently sold in a transaction that closed on October 20, 2021. The property spans 11,000 square feet and was sold for a price of $5,350,000, resulting in a price per square foot of approximately $486.

Summary of transation details

• Property Type: Retail
• Transaction Amount: $5,350,000
• Square Footage: 11,000
• Address: 2610 Atlantic Ave
• Market: Long Beach

The buyer in this transaction was James Verpoten, while the seller was Michael Loboda. The deal was facilitated by brokers Brandon Michaels and Matthew Luchs from Marcus & Millichap.