Annas Alda Family Purchases Retail Property At 8845 Imperial Highway For $1.7M

The property asset involved in this transaction is a retail space located at 8845 Imperial Highway in Downey. The sale price for this asset was $1,700,000, covering a total area of 2,771 square feet. The price per square foot for this transaction was calculated at approximately $613.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $1,700,000
• Address: 8845 Imperial Highway
• Market: Downey
• Square Footage: 2,771
• Price per Square Foot: $613
• Buyer: Annas Alda Family
• Seller: Salah Haggag
• Buyer's Rep: Joel Mendoza - Commercial Brokers International
• Seller's Rep: Greg Bedell - Progressive Real Estate Partners

The key individuals in this transaction included the buyer, Annas Alda Family, and the seller, Salah Haggag. Representing the buyer, Joel Mendoza was from Commercial Brokers International, while the seller was represented by Greg Bedell from Progressive Real Estate Partners.