BR Group Of Hotels Inc. Acquires Retail Property In Orange For $4.3M From Seller Bettec., Corp

The retail property located at 804-846 E Lincoln Ave in Orange was recently sold on October 4, 2019. The property, with a size of 80,209 square feet, was sold for a total price of $4,275,000, resulting in a price per square foot of $53.30. The transaction involved 22 units, with each unit being valued at approximately $194,318.

Summary of transaction details

• Property Type: Retail
• Transaction Amount: $4,275,000
• Address: 804-846 E Lincoln Ave, Orange
• Market: Orange
• Square Footage: 80,209

The buyer, BR Group of Hotels Inc., represented by Rashmi Patel, acquired the property from the seller, Bettec., Corp, who were represented by Wilson Park and Jack Silverman. The transaction was facilitated by brokers Aaron Goodman, Ryan Serling, Martin Agnew, and Avi Narang from BRC Advisors.