12905 Garvey Avenue, Baldwin Park, CA
Property Details
22,975 Square Feet
3.36 Acres
Creative Deal Sourcing:
Sourced off-market through a relationship with the broker who represented the private family owner.
Garvey Avenue
Creative Deal Sourcing / Secured Entitlements / Immediate Value Creation
Secured Entitlements:
Received the required municipal approvals to reposition into an industrial outdoor storage (“IOS”) facility.
Immediate Value Creation:
While the business plan was to reposition the property, a long-term, “as-is” lease was signed with a national credit tenant during due-diligence.