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The seller in the transaction was True North Real Estate Fund III, a fund managed by True North Management Group. The campus was listed for $61.48MM or about $315 per square foot.
The buyer's agent, Cesar Gonzalez, serves as Director of Commercial Services & Investments Properties for Equity Union Commercial in Los Angeles. For the past 21 years, Gonzalez has specialized in the development, sale, and leasing of commercial investment properties throughout California with a focus on office, retail, industrial, and development sites. Cesar has extensive experience in assisting private capital and institutional owners/developers of retail, office and industrial product with design, leasing and acquisition of new projects as well as repositioning of existing properties.
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Seller was represented by Richard Ramirez with CBRE.
About Equity Union Commercial: Founded by Harma Hartouni, groundbreaking Broker and inspiring author of the memoir Getting Back Up, Equity Union Commercial was created to be a completely unique real estate company. With an unparalleled commitment to service, integrity and excellence, we're ready to both inspire your vision and help you bring it to life.
Media Contact: Dan Stueve, +13105955875, [email protected]
SOURCE Equity Union
Filed Under: Business
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