If you have recently been looking to lease or buy industrial property in Southern California, you may feel like it is challenging to accomplish your desired goals. Missing out on deals or not being able to find a deal can be a frustrating experience. In addition, you may be hearing that brokers are encouraging you to be ready to move quickly, because everything you inquire about has multiple offers, sellers and landlords are firm on their price, choices are few, and the list goes on…. This can often create pressure on you that can negatively influence your decisions. So therefore, in this type of environment we must take steps not only to deal with these challenges, but to excel in the midst of the market we face.
Additionally, we must remember to slow down the decision making process as much as feasibly possible in order to evaluate the decision criteria so that we can make informed choices.
Our team has been working with many buyers and sellers, and there are several keys to consider so that you are best positioned to seize opportunities in today’s market.
Let’s take a look at three key considerations and why they are so important!
1. BE PREPARED
2. BE FLEXIBLE
3. BE ADVISED
We are pleased to announce the sale of this extremely well maintained free standing industrial building in the heart of Santa Fe Springs, CA. Christopher and his team represented the Seller in this transaction, and they will also represent the Seller as he completes a 1031 Tax Deferred Exchange.
This property on 14320 Iseli Rd. in Santa Fe Springs was purchase by a local owner-user who intends to take advantage of the nearly 5,000 SF of office that this property offered. Christopher and the Buyer's agent, Dan Berkenfield of CBRE cooperated and coordinated with both Buyer and Seller to accommodate each other's timing in this deal.
If you are looking into buying or selling industrial or investment property, contact Christopher Destino today as he can also help you navigate the process for a successful completion of any assignment.
Christopher J. Destino, SIOR, a Principal at Lee & Associates, is an engaging, responsive professional who enjoys working closely with his clients and helping them succeed.
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