DAUM REPRESENTS BUYER IN THE ACQUISITION OF A $1.5 MILLION INDUSTRIAL BUILDING IN MONTEREY PARK, CAMar 6, 2012
DAUM Commercial Real Estate Services announced today that it represented Freeway Towing in the acquisition of a 15,862 square foot industrial building, located in Monterey Park, CA. The total consideration of the sale was $1.5 million ($95 PSF). The building offers 14’ clearance, 1 dock high and 1 ground level loading door and approximately 4,450 square feet of office space.
Jeff Hubbard and Tony Naples of Lee & Associates represented the seller in this transaction.
DAUM Commercial Real Estate Services provides a full array of commercial real estate services including brokerage, consulting, leasing, sales, corporate services and asset, construction, project and property management. Founded in 1904, DAUM is California’s oldest and most experienced commercial real estate brokerage company. DAUM has 9 offices throughout Southern California and Arizona. More information is available at www.daumcommercial.com.
DAUM Commercial Real Estate Services is a member of ONCOR International, a premier global commercial real estate network. ONCOR International members represent over 50 independent commercial real estate brokerages, with more than 2,200 associates, in over 170 offices throughout 32 countries. In 2007 ONCOR International members were collectively responsible for approximately $38.4 billion in commercial real estate volume and over 17,000 commercial real estate transactions. ONCOR International LLC, a subsidiary of Realogy Corporation, oversees the ONCOR International member network. More information is available at www.oncorintl.com.