Closing Soon! Freestanding building in downtown Laguna Beach. Details to follow... #coastalcommercial #coastalrealestate #lagunabeach #commercialrealestate www.coastalcommercial.com
关于我们
The Coastal Commercial team has established themselves as recognized experts focused on providing their clients with the highest level of service. The team focuses on commercial investment properties in the coastal cities of California. This unique specialization has allowed them to gain useful information and insight that provides tremendous value to their clients. Above all Coastal Commercial focuses on being reliable consultants to their clients. They strive to provide clients with the most valuable real-time information in the marketplace. Whether their clients are interested in buying, selling, holding, exchanging, or refinancing, the goal of Coastal Commercial is to provide their clients with the best information and resources that will allow them to make prudent business decisions with their real estate.
- 网站
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https://www.coastalcommercial.com/
Coastal Commercial的外部链接
- 所属行业
- 房地产
- 规模
- 2-10 人
- 总部
- Newport Beach，CA
- 类型
- 私人持股
- 创立
- 2020
地点
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主要
获取路线
US，CA，Newport Beach，92661
Coastal Commercial员工
动态
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Coastal Commercial is pleased to announce the successful sale of the Shops at Plaza Empresa, located in Rancho Santa Margarita, CA, for $19,000,000. The shopping center, situated at 29851 and 29881 Aventura, spans 39,925 square feet on a 125,017 square foot lot. Representing the Buyer in this transaction was Nathan Holthouser from Coastal Commercial, while Shaun Riley, Scott DeYoung, and Jeff Conover from Faris Lee represented the Seller. The Buyer, completing a 1031 exchange, consolidated three separate properties into The Shops at Plaza Empresa. These properties included an 8-unit apartment building in Beverly Hills, CA, and two commercial properties in Corona Del Mar, CA. According to Holthouser, “It was a strategic 1031 exchange for multiple properties owned free and clear into a larger asset. There were a lot of moving parts with three separate escrows with the relinquished properties, with three separate buyers for those transactions. We were fortunate to be able to time everything so that all three 1031 exchanges could close at the same time. This enabled the Buyer to achieve premium prices on the three down-leg properties which in turn gave the Buyer much more purchasing power for the up-leg in Ranch Santa Margarita.” The property consists of two parcels of a larger five-parcel retail and business center that was recently subdivided. Major tenants include Laguna Beach Beer Company, Daily’s Sports Grill, Edible Arrangements, Meister Orthodontics, and the United States Postal Service. At the time of the sale, the building had approximately 4% vacancy, with a stabilized capitalization rate of 7%. #coastal #CommercialRealEstaterealestate #ranchosantamargarita
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Price Reduced | Trophy Corona Del Mar Location Download Offering Memorandum: https://lnkd.in/ggQyTuNb
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Price Reduced! | Prime Corona Del Mar Location Download Offering Memorandum: https://lnkd.in/emc664h2
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