Date: March 2025
Labeled: Owner User
Size: 13,000 RSF
City: Brentwood
Colliers is pleased to announce the successful sale of a multi-tenant industrial property to an all-cash investor. Listed for just a few days, the property quickly attracted multiple offers. The selected buyer stood out for their strong terms and clean all-cash offer, making for a compelling match for the Seller. The 45-day escrow moved efficiently overall, though closing was briefly delayed due to a separate transaction the Buyer was involved in and having issues procuring insurance. But all parties kept the deal on track and closed without any price adjustments. Eric Erickson and John Salamida of Colliers represented the Seller. The Buyer was represented by CRS. This transaction highlights the continued strength of the industrial market and the importance of well-qualified, motivated buyers.
