Beta Agency brokers $4 million land acquisition in San Luis Obispo, CA

 

Madison Williams
 

 San Luis Obispo, CA – Beta Agency, a leading commercial real estate brokerage and advisory firm, has announced that Rich Development Company has purchased a property located at 1381 San Joaquin Ave in San Luis Obispo, California for $4.16 million. 

Richard Rizika

The subject property consists of 2.94 acres of land and features frontage along the 101 Freeway. The buyer’s development plans for the site were not disclosed at time of sale.

Beta Agency’s Richard Rizika, Xan Saks, and Madison Williams represented the buyer, Rich Development Company, headquartered in San Pedro, California.

Xan Saks

“The subject property represented an exceptional development opportunity in the highly desirable community of San Luis Obispo.”

San Luis Obispo is located halfway between Los Angeles and San Francisco. San Luis Obispo is a popular tourist destination, known for its historic architecture, vineyards, and hospitality, as well as for being home to California Polytechnic University, San Luis Obispo.

Contact:

David Ebeling

Ebeling Communications

949.861.8351

949.278.7851 (Cell)

david@ebelingcomm.com

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