Los Angeles, CA, Thursday, June 02, 2017 – Nicholas Chang, CCIM and Richard Lee of NAI Capital, along with Patrick J. Sullivan of NAI Hiffman and Brett Spitzer of NAI Global Corporate Solutions, were instrumental in completing the sale of a 1,084,963 square foot industrial cross-dock facility in Buena Park, Calif. The sale of this building is reported to be the largest contiguous single-tenant transaction in Orange County over the last 25 years. The transaction totaled $131,500,000 or, approximately, $123 per square foot. Chang, Lee, Sullivan and Spitzer represented both the seller, JC Penney and the buyer, CenterPoint Properties. |
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