Blog #just sold

15Aug

Just Sold, 3940 Gilman St., Long Beach, CA

The ±10,208 Industrial Building Recently sold in the Highly Sought-After Long Beach Business Park

Listed for Sale by Ron Mgrublian and Jeff Coburn, the ±10,208 SF Long Beach Warehouse property recently sold. 

The Long Beach Industrial Submarket vacancy rates remain 41% below those of the Los Angeles Industrial Market, CoStar has the average Long Beach Market Sale Price at $367 PSF.

Ron Mgrublian is a Commercial Real Estate Broker focusing on Industrial Real Estate and Warehouse Properties with the Lee & Associates Los Angeles – Long Beach, Southern California office.

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19Aug

Ron Mgrublian Finds Upleg for 1031 Exchange Warehouse Buyer

Despite record low inventory Ron Mgrublian & Patrick Reddy were able to successfully find an exchange in the highly sought after Pasadena, California market.

Representing the Seller on the sale of 15343 Illinois Ave in Paramount, California, Ron Mgrublian was able to successfully find the Upleg portion of the 1031 Exchange for his client.  The property at 2094 E. Foothill Blvd in Pasadena, CA was identified with the assistance of Patrick Reddy of the Lee & Associates LA North office.  For more information contact Ron Mgrublian.

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