Portfolio Sale With Simultaneous Closings Across Multiple Submarkets
Overview
- Locations: Poway, El Cajon, Menifee
- Industrial Portfolio – Three buildings
- Total Size: ±64,250 SF (±19,628 SF | ±12,622 SF | ±32,000 SF)
- Occupancy: 100% leased – 4 tenants total
- Representation: Buyer & Seller
- Transaction Type: Sale
For more information regarding this case study,
please contact:
Spencer Dok
Vice President
The Challenge
Coordinating the sale of three separate industrial buildings across three submarkets presented significant complexity. The transaction required a simultaneous closing of all assets, despite varied tenancy, different loan structures, and a mix of Buyer’s 1031 exchange funds and conventional financing. The Seller also faced loan payoff requirements on one property, increasing the need for precise structuring and execution.
Our Approach
Identified and engaged a qualified private Buyer who had sophistication, capital, and confidence to acquire all three properties simultaneously. We structured a deal with no financing contingency under a tight closing timeline, while satisfying the Seller’s requirement for an all-or-nothing closing across multiple jurisdictions.
The Outcome
The transactions were completed successfully, with all three properties closing simultaneously. The Seller was able to unlock equity for redeployment into new opportunities, while the Buyer secured a diversified portfolio of industrial assets that align with their long-term investment objectives.