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CBRE Brokers $12.4M Sale of Two-Building Office Portfolio in La Palma, California
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CBRE Brokers $12.4M Sale of Two-Building Office Portfolio in La Palma, California
LA PALMA, CALIF. — CBRE has facilitated the sale of an office portfolio located at 24 and 26 Centerpointe Drive in La Palma. A local 1031 exchange investor acquired the property from an institutional seller for $12.4 million, or $257 per square foot. Anthony DeLorenzo, Sammy Cemo and Bryan Johnson of CBRE’s Private Capital Partners represented the seller in the deal. The 44,953-square-foot portfolio includes two high-image, single-story office/f…
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