Light Industrial Warehouse Flex Space Sale Surpasses Client Expectations. The Lee Chang Group represented Anerky, LLC as a seller representation broker of four industrial condos and eight flex industrial condos located at 1351 S. Grove Ave. and 1215 E. Acacia in Ontario CA. The light industrial / flex warehouse sale was an achievement by the Lee Chang Group that surpassed the expectations of the owner who thought it would take a long time to sell these industrial condos.
Using a strategy developed by the Lee Chang Group to make condo styled properties easier to sell, The Group had secured escrow on four of the units within two weeks of listing the properties, and 10 units were sold by the end of the year. At this time, all properties have been sold in the units.
Richard Lee, Nicholas Chang CCIM, and Justin Kuehn have developed a strategy that encouraged the seller to place a condo map on the property and sell each unit individually instead of as a bulk deal. This secured a better price for each of the units for the seller, and each tenant purchased exactly what they needed for their business.
The four industrial condos ranged in size from 6,000 to 9,000 square feet each and the eight smaller flex condos ranged in size from 2-3,000 square feet each. Overall, the light industrial / flex warehouse sale secured over $7.9 million for the seller.
The Lee Chang Group has effectively used this selling strategy throughout the Ontario CA industrial area to sell or lease properties. Representing buyers, sellers, landlords or those looking for a lease to fit their business needs, the Lee Chang Group prides themselves on securing property for their clients for the right price.
Light Industrial/Flex Space Full Details
- Tenant/Buyer: Multiple Buyers
- Landlord/Seller: Anerky LLC
- Property Type: Light Industrial/Flex
- Region: Inland Empire West
- County: San Bernardino County
- City: Ontario, CA
- Property Size: 54,269 square foot
- Clear Ceiling Height: 24 ft
- Parking Spaces: 162
- Dock-High Doors/Loading: 4
- Drive In / Grade-Level Doors: 12
- Closest Freeways/Highways Exposure: Pomona Freeway (CA-60) and San Bernardino Freeway (I-10)
- Closest Ports: Port of Long Beach
- Value: $7,961,127
- Terms: Sale
- NAI Capital, Lee Chang Group Agents: Richard Lee, Nicholas Chang, and Justin Kuehn
- Property Address: 1351 Grove and 1215 Acacia