Igal Namdar, Elliot Nassim, Jonathan Abda & Jonathan Nazarian Acquire Mixed-Use Properties In Winston-Salem For $10M

The property involved in this transaction is a mixed-use asset located at 5620, 5630, 5640, 5644, 5650 & 5660 University Parkway & 5635 West Hanes Mill Road in the Madison Park sector of Winston-Salem, NC. The sale price for this transaction was $10,000,000, and the property encompasses a total of 483,240 square feet, resulting in a price per square foot of $20.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $10,000,000
• Address: 5620, 5630, 5640, 5644, 5650 & 5660 University Parkway & 5635 West Hanes Mill Road
• Market: Winston-Salem, NC
• Square Footage: 483,240
• Price per Square Foot: $20
• Buyer: Igal Namdar, Elliot Nassim, Jonathan Abda, Jonathan Nazarian
• Seller: LRC Properties
• Brokers: Christopher McGlone, Sean Hayes, Rob Cochran, Bill Harrison, Greg Goldstein - Cushman & Wakefield
• Attorney: Ben Sedaghatzandi - Hakimi Law, P.C.

The transaction included notable individuals such as the buyers Igal Namdar, Elliot Nassim, Jonathan Abda, and Jonathan Nazarian collaborating in this acquisition. The seller, LRC Properties, was represented by brokers from Cushman & Wakefield, which comprised Christopher McGlone, Sean Hayes, Rob Cochran, Bill Harrison, and Greg Goldstein. Legal representation for the transaction was provided by attorney Ben Sedaghatzandi from Hakimi Law, P.C.