Longpoint Acquires Retail Property From Dale Daughtery At 4680 La Sierra Avenue For $31M

This retail asset is located at 4680 La Sierra Avenue in Riverside, California. The transaction was completed with a sale price of $31,000,000, encompassing a total area of 129,688 square feet, resulting in a price per square foot of $239.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $31,000,000
• Address: 4680 La Sierra Avenue
• Market: Riverside
• Square Footage: 129,688
• Price per Square Foot: $239
• Buyer: Longpoint
• Seller: Dale Daughtery
• Brokers: Daniel Tyner, Gleb Lvovich & Geoff Tranchina - JLL

The transaction involved key stakeholders in the brokerage process including Daniel Tyner, Gleb Lvovich, and Geoff Tranchina, who represented the deal on behalf of the buyer and seller throughout the negotiation and closing phases.