The new owners are long-term clients and investors. “It is a great honor to transition this investment property from the original owner whom we represented, to the new ownership, knowing that they will continue the high standards that make this quality property so attractive to Tenants,” shares Danny Severn.
Despite tight market conditions, Warner Commercial was able to get more than 91% of asking price and broker a win-win transaction for both parties.The sales price was $2,740,000 — $144 per square foot.
Acquiring a strong real estate portfolio isn’t hard to do when you’re working with Warner Commercial! Warner Commercial strives to develop lasting relationships, while always implementing a win-win approach for our owners and tenants. We look forward to assisting you with your commercial real estate goals. Give us a call today at 301-663-0202.
