DAUM Represents Buyer in the Acquisition of a $6.0 Million Investment Property in Garden Grove, CA

Sep 28, 2010

DAUM Represents Buyer in the Acquisition of a $6.0 Million Investment Property in Garden Grove, CA

DAUM Commercial Real Estate Services announced today that it represented The Chiu Investment Trust in the acquisition of a 11,938 square foot investment property that is leased by the Social Security Administration (GSA) located in Garden Grove, CA. The total consideration of the sale was $5,995,000.

Dennis Sandoval and Andy Hu of DAUM’s San Gabriel Valley office represented the buyer in the transaction. The property is located at 11900 Gilbert Street.

Mike Howard of Cushman & Wakefield represented the seller, Hewson Properties Group 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.