Paul Khasigian Acquires Retail Property In Indio, CA For $7.9M From Seller Isam Khoury

Located at 82451 US Highway 111 in Indio, CA, this retail property in Palm Desert was recently sold. The transaction took place on 11/03/2021.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $7,900,000
• Square Footage: 17,272
• Price per Square Foot: $457
• Address: 82451 US Highway 111, Indio, CA
• Market: Palm Desert

The buyer, Paul Khasigian, acquired the property from the seller, Isam Khoury. Represented by Eric Mandell and Luc Hawkshaw from Ally Commercial Real Estate, Paul Khasigian secured the deal. On the other side, Rachel Kram and David Kram from Lockehouse Retail Group Inc. acted as the seller's representatives.

For more information about this sale or other net-leased properties, you can contact the NET LEASED DIVISION at ALLY COMMERCIAL REAL ESTATE by calling 424-317-0308 or emailing [email protected].