Farmington Hills, Michigan (July 23, 2014) – Friedman Integrated Real Estate Solutions, one of the nation’s leading providers of commercial real estate services, recently sold a 6,300 square foot retail center at 1647 & 1649 West Avenue J in Lancaster, Los Angeles County, California. The seller, Sterling Bank and Trust, sold the building to a local investor. Rich Deptula, Senior Vice President of Investment & Loan Sale Advisory Services, and Barry Swatsenbarg, National Director of Investment & Loan Sale Advisory Services, in partnership with Mark Takeichi, Director of Brokerage Services Group of Charles Dunn Company, represented both the seller and the purchaser.
“The recent success we have had establishing a footprint throughout Arizona has offered us the opportunity to springboard into the California market through our partnership with the Charles Dunn Company. This has been a long time coming and as the demand for our services continues to grow, we expect to be very active in the region going forward,” says Deptula.
The retail center is nine years old, and located in Southern California’s Antelope Valley Region of Los Angeles County. The property is comprised of two multi-tenant retail buildings containing a total of five retail units.
ABOUT FRIEDMAN INTEGRATED REAL ESTATE SOLUTIONS
Recognized as one of the largest privately-held commercial real estate organizations in the nation, Friedman Integrated Real Estate Solutions provides clients with a single point of contact for the full range of services it offers.
Friedman manages over 140 facilities encompassing more than 16M SF of commercial and over 8,000 multi-family units across the country. Friedman’s brokerage team has over 800 current listings with $10 billion in closed transactions. As owners and managers of commercial property for over 25 years, Friedman understands what it takes to achieve results that maximize the client’s objectives.
For more information, please visit: www.friedmanrealestate.com.
