Garden Grove – Southern California Property Management Service https://scpropertymanagementservice.com Unlocking the Full Potential of Your Property: Southern California's Trusted Managers Wed, 13 Dec 2023 23:56:48 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.4 230215844 11700 Monarch https://scpropertymanagementservice.com/property/industrial-commercial-real-estate/ Mon, 15 Nov 2021 20:50:46 +0000 https://themexriver.com/wp/houseland/property/sheltec-house-copy/ Read More→]]>

Strategic Commercial Transaction Unleashes Success in Garden Grove, CA

In a notable feat orchestrated by The Reef Group, the property at 11700 Monarch St., Garden Grove, CA, underwent a transformative change of hands. Serving as the Buyer’s representative in this owner-user purchase, The Reef Group facilitated a seamless transition as the Seller leased back a portion of the warehouse, gradually phasing out their business.

The property, sprawling across 107,000 square feet in the industrial realm, witnessed a strategic alignment of needs. The Buyer, Aluminum Precision Products & Catalina Cylinders, sought a large Class A facility with heavy power and rail service—a combination that proved challenging to find until this tailored solution materialized.

The Seller, represented by the Maniaci Family Trust, found value in this strategic transaction, with the property exchanging hands for a notable price of $12,850,000. This sale stands as a testament to The Reef Group’s prowess in navigating intricate commercial real estate transactions, ensuring both Buyer and Seller met their specific needs in this dynamic industrial landscape.

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