Daum Commercial completes long-term lease of 4.4-acre land parcel featuring industrial and office space in Orange County, CA

Approximately 4.4-acre land parcel encompassing
two buildings totaling 14,019 square feet
of corporate offices, showroom, and
 warehouse space in Buena Park, CA.
(Photo courtesy of DAUM Commercial)

 

 BUENA PARK, CA – DAUM Commercial Real Estate Services recently completed the lease of an approximately 4.4-acre land parcel encompassing two buildings totaling 14,019 square feet of corporate offices, showroom, and warehouse space in the Orange County submarket of Buena Park, California.

Chris Migliori, SIOR, an Executive Vice President at DAUM Commercial, represented the lessor, Cal Hickel Holdings, LP, in the transaction, securing a 74-month lease to a tenant whose operations are ideally served by the property. 

Chris Migliori

The property is located at 7015 Knott Avenue in Buena Park, California and situated near major highways including State Route 91, Interstate 5, and Interstate 605. 

The total consideration of the lease is more than $5 million.

“Our client had a prime, central Southern California location available that presented the potential to be utilized or adapted for a wide variety of uses, including warehousing and distribution, vehicle sales, or a parking lot,” explains Migliori.

“Through successful marketing of the property and a strategic evaluation of prospective lessees, we ultimately identified an automobile wholesaler and storage business that saw strong value in the asset’s existing facilities and 20:1 parking ratio.”

   

CONTACTS:

 

Arleeny Escarcega / Elisabeth Manville  
The Smart Agency, Inc.
(949) 438-6262 
aescarcega@thesmartagency.com

www.daumcommercial.com.

Stan Johnson Co. Brokers $8 Million Sale of Dental Office in Charleston, SC Suburb

Teresa Lovely 

 

 HANAHAN, SC -- Stan Johnson Company, one of commercial real estate’s leading investment sales brokerage firms, has completed the sale of a 15,030-square-foot healthcare facility leased to Coastal Kids Dental and Braces.

The property is located at 996 Tanner Ford Boulevard in Hanahan, South Carolina, a northern suburb of Charleston.

 

Jeff Enck

Stan Johnson Company’s Jeff Enck and Teresa Lovely represented the seller, a locally based private investor. The asset was purchased by a group of 1031 exchange investors from California.

 The property traded for approximately $8.2 million reflecting a 5.84 percent cap rate.

 “We were able to procure multiple offers on the property and ultimately closed with a West Coast 1031 exchange buyer who purchased the asset all-cash,” said Enck, Associate Director in Stan Johnson Company’s Atlanta, Georgia office.

15,030-square-foot healthcare facility

 leased to Coastal Kids Dental and Braces

 at 996 Tanner Ford Boulevard, Hanahan, SC

“Medical net lease properties, particularly those with rental increases, continue to be in favor with investors as inflation rises.”

 The two-story property was built in 2017 and is situated on 1.52 acres. The flagship location houses the tenant’s dental and orthodontic practice as well as its office support and executive staff.

 CONTACT:

 David Ebeling

Ebeling Communications

949.861.8351

949.278.7851 (Cell)

david@ebelingcomm.com

Member of the National Association of Real Estate Editors (NAREE)

“PR Strategist for the Commercial Real Estate Industry:  I do what I love and love what I do.”

 www.stanjohnsonco.com.

 

Peachtree Hotel Group Promotes Brian Leaf to Vice President, Capital Markets, Head of Internal Sales

 

 Brian Leaf

ATLANTA, GA – Peachtree Hotel Group ("Peachtree") announced that Brian Leaf has been promoted to vice president and head of internal sales for its broker-dealer (“B/D”) affiliate.

 Since joining Peachtree in 2017, Leaf has been instrumental in establishing Peachtree's brand in the independent broker-dealer (“IBD”) and registered investment advisor (“RIA”) channels, having helped secure more than $500 million in equity funding.

Robert (Rob) Woomer

 In his expanded role, he will continue to identify opportunities and broaden funding sources with financial advisors with a keen focus on assuming a greater leadership role in guiding the strategy and direction of the internal sales team.

 

“Brian has been an invaluable resource in expanding Peachtree’s access to equity partners. He has quickly formulated programs that allow us to strategically build strategic relationships with the highest quality financial advisors in the industry” said Rob Woomer, Peachtree’s president of capital markets.

 

  

CONTACTS:

 

Charles Talbert

Corporate Communications Director

678-823-7683

ctalbert@peachtreehotelgroup.com

 

 

Chris Daly

President

DG Public Relations

(703) 864-5553

chris@dalygray.com

www.dalygray.com

 www.peachtreehotelgroup.com