Astounding sale of a Class A Multi-Tenant Flex Office Industrial Park in Ontario, CA by the Lee Chang Group. Valued at $6 million, this sale represents a double win for the Lee Chang Group who represented the seller in this commercial real estate transaction.
When the sellers, Briar Meads Capital, decided to sell the ACCO Airport Center, the Lee Chang Group had a marketing strategy in mind that would secure the highest selling price possible for their clients. They made it their goal to have 100 percent occupancy in the building before aggressively marketing the property for sale.
The Lee Chang Group was able to reach their goal of 100 percent occupancy in very little time which not only provided the current owners with an income stream while the property was placed on the market, it also gave the real estate agents a very good marketing strategy for the property. Within a few weeks, the Group had secured several offers on the complex and ultimately closed the deal for $6 million within a record breaking period of time.
The property was constructed in 2006 and has a very nice architectural design which provides curb appeal. It consists of 46,469 square feet of space and offers 182 total parking spaces for all of the tenants. The complex is easily accessible by the Pomona and San Bernardino Freeways. Tenants also have easy access to an International airport, train stations, and the Port of Long Beach.
The Lee Chang Group has become a leader in marketing properties throughout the Inland Empire for quick sales for the owners. However, their representation services also include those for buyers, landlords, and tenants. It is not unusual for the professional agents at the Lee Chang Group to secure quick deals for these clients also.
With low pricing and high availability of properties in the Inland Empire area, the Lee Chang Group has worked extensively to create a marketing strategy that will allow the right buyers and sellers to connect and complete their commercial real estate transactions.
Our NAI Capital Inland Empire team of Richard Lee and Nicholas Chang provided us with not only the best brokerage services, but they worked with us to develop the RIGHT strategy and investment plan which has increased our ROI by Millions of dollars in just a short 6 month period.
Multi-Tenant Flex Office Industrial Park Sale
- Tenant/Buyer: 1801 Excise Avenue, LLC
- Landlord/Seller: Briar Meads SPV VII, LLC
- Property Type: Multi-Tenant Flex
- Region: Inland Empire West
- County: San Bernardino County
- City: Ontario, CA
- Property Size: 46,469 square foot
- Clear Ceiling Height: 18 ft
- Parking Spaces: 182
- Dock-High Doors/Loading: 0
- Drive In / Grade-Level Doors: 20
- Closest Freeways/Highways Exposure: San Bernardino Freeway (I-10) and Pomona Freeway (CA-60)
- Closest Ports: Port of Long Beach
- Value: $6,000,000
- Terms: sale
- NAI Capital, Lee Chang Group Agents: Richard Lee, Nicholas Chang
- Property Address: 1801-1809 Excise Avenue