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Pacific West Property Group Inc. Sells Retail Property In Long Beach For $4.5M With Buyer's Rep Alan Wong And Seller's Rep Adam Friedlander

Property Image
SOLD
$4,500,000
Adam Friedlander
AW

California

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Retail1,839 SF
Sold
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Property Image
SOLD

Pacific West Property Group Inc. Sells Retail Property In Long Beach For $4.5M With Buyer's Rep Alan Wong And Seller's Rep Adam Friedlander

5865 E Spring St, Long Beach, CA, USA

See Similar Deals
Retail1,839 SF
Sold
Adam Friedlander
AW
the dealplayerscompscontact
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Summary

CALIFORNIA
Asset Type:Retail
Price Per Square Foot:$2447
Total Square Footage:1839 SF
Transaction Type:Sale

The retail property located at 5865 E. Spring St. in Long Beach has been sold for $4,500,000. The property has a total square footage of 1,839, resulting in a price per square foot of $2,446.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: $4,500,000
  • Date: 03/16/2021
  • Address: 5865 E. Spring St.
  • Market: Long Beach
  • Seller: Pacific West Property Group Inc.
  • Buyer's Representative: Alan Wong - DAAG Developments
  • Seller's Representative: Adam Friedlander - JLL Capital Markets
  • Square Footage: 1,839
  • Price per Square Foot: $2,446

Alan Wong, representing DAAG Developments, acted as the buyer's representative in the transaction. Adam Friedlander, from JLL Capital Markets, represented the seller, Pacific West Property Group Inc.

Players

Adam Friedlander
Colliers
Adam Friedlander
11 deals$63.6M volume(310) 766-5205
BROKER
AW
Alan Wong
1 deal$4.5M volume
BROKER

Details

SOLD
IMAGE: Adam Friedlander DATE: 03/16/2021 ADDRESS: 5865 E. Spring St. MARKET: Long Beach ASSET TYPE: Retail SELLER: Pacific West Property Group Inc. BUYER’S REP: Alan Wong - DAAG Developments SELLER’S REP: Adam Friedlander - JLL Capital Markets SALE PRICE: $4,500,000 SF: 1,839 ~ PPSF: $2,446

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Debt Service Coverage Ratio (DSCR)

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