NAI Capital’s Paul Fisher and Stephen Grossman Close Office Property with an Impressive Five Day Escrow
LAKE FOREST, CA – April 5, 2012 – (RealEstateRama) — Paul Fisher and Stephen Grossman, both Senior Vice Presidents with NAI Capital’s Orange County office, represented the Seller, Iraj Roohani, and the Buyer, Ramin Afshar in the sale and purchase of a 3,015 sq. ft. flex/office condominium located at 26150 Enterprise Way, Suite 200. The value of the transaction was $371,000.00 with an impressive five day escrow.
“We were very fortunate that all parties involved in the transaction were motivated to close the deal as quickly as possible” Grossman said. “The flex condo investment market changed and the parties realized values were not going to change much in the near future” Grossman continued.
The Seller is a well-known Orange County architect who specializes in the design and construction of multi-million dollar homes. The Buyer plans to use this site for an Engineering business.
Located in a Master Planned Business Park, 26150 Enterprise Way offers street visibility, generous parking, immediate access to the 241 toll road, and is in proximity to Bake Parkway, a major thoroughfare which services both Irvine and Lake Forest.
About NAI Capital
NAI Capital is a leading Southern California commercial real estate firm headquartered in Encino, California. With 14 offices throughout Los Angeles, Orange, Riverside, San Bernardino and Ventura Counties, NAI Capital is the Southern California affiliate of NAI Global, a premier real estate service network with 350 offices spanning the globe. Since 1979, NAI Capital clients have built their businesses on the power of our expanding network. Our extensive services include: multi-site acquisitions and dispositions, sublease, tenant representation, lease administration and audit, investment services, due diligence and related consulting and advisory services. To learn more, visit www.naicapital.com. NAI Capital Brokerage DRE #00806840
Contact:
Sharon M. Fitzgerald
Public Relations Manager
(818) 905-2400
sfitzgerald (at) naicapital (dot) com
