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| Albert Shilton |
LOS ANGELES, CA Jan. 17, 2013 – Charles Dunn Company, one of
the largest full-service regional real estate firms in the western United
States, has completed the $5 million sale of a 1.64-acre parcel of land located
in between Warner Ave. and Slater Ave. at 17222-17262 Beach Blvd. in Huntington
Beach, Calif.
Albert Shilton and Blake Rogers of Charles
Dunn Company represented the seller, Woodland Hills-based Hunbeach, LLC, and
the buyer, Hardin Hyundai from Garden Grove.
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| Blake Rogers |
Hardin Hyundai purchased the property all-cash with a seven
day, non-contingent escrow.
“The well-located property garnered significant interest
from developers and users of a variety of property types including multifamily,
for-sale housing, retail, and auto dealerships,” said Rogers. “We procured 13
competitive offers and the property eventually sold for over the list price.”
The buyer plans on building a new dealership on the site.
“This was an ideal location for Hardin,” commented Shilton.
“The site was previously entitled for an auto dealership, and has 394 feet of
frontage along a main commercial artery within the City.”
For a complete copy of the company’s news release, please
contact:
Darcie Giacchetto
Spaulding Thompson & Associates
949.278.6224
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