PRTODAY / NewswireToday Free press release distribution service network

Written by / Agency / Source: Monaghan Communications

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Coreland Provides Disposition Receivership & Property Management Services for Downey Industrial Property - Coreland represented the seller in the sale of a REO industrial property. The purchase price was $9,925,000. Coreland was the State Court Receiver and the property manager during receivership period
Coreland Provides Disposition Receivership & Property Management Services for Downey Industrial Property

 

NewswireToday - /newswire/ - Downey, CA, United States, 2009/10/14 - Coreland represented the seller in the sale of a REO industrial property. The purchase price was $9,925,000. Coreland was the State Court Receiver and the property manager during receivership period.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Real Estate/Property Management Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Coreland Companies of Tustin, Calif., one of the largest real estate service companies based in California, announced today that Steven Hogberg, Senior Vice President of Coreland’s Brokerage division, represented the seller in the sale of a lender-owned industrial complex in Downey, Calif. The buyer, which represented itself, was Rexford Industrial, LLC, based in Los Angeles. The seller was a Chicago, IL-based financial institution. The purchase price was $9,925,000.

Located at 9220 Hall Road in Downey on 7.1 acres, the sale transaction consisted of 45 industrial condominium units encompassing 174,380 square feet and situated in a newly completed 50-unit industrial development. The acquired property was vacant at the time of the sale. According to Hogberg, the buyer likely plans to offer some of the units for sale and the remaining units will be leased.

Prior to the sale, Coreland Principal Patrick Galentine was appointed State Court Receiver in matters involving the asset. Coreland was named property manager during the receivership period, and Coreland’s brokerage department provided a strategic oversight role for the property’s disposition. “A perfect scenario for us, and a timely solution for the client,” reports Hogberg.

“Coreland’s combination of extensive experience with distressed assets as well as our service platform, which includes brokerage, management, and receivership services, enables our firm to customize a strategy that best suits each asset, regardless of the property type, to accomplish our clients’ goals,” Hogberg says. “Coreland provides a valuable solution to our clients with time-saving, one-stop shopping that offers a menu of services and delivers measurable results in a challenging market.”

Coreland Companies (coreland.com) is a full-service commercial real estate company with expertise in retail, office and industrial properties. Coreland Companies is based in Tustin, California with offices in Utah and throughout Southern California. For more information, please call the company’s headquarters at (714) 573-7780.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Real Estate/Property Management Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: Monaghan Communications

 
 

Availability: All Metropolitan Area

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Real Estate/Property Management articles,
CATCH Visitors via Your Competitors Announcements!


Coreland Provides Disposition Receivership & Property Management Services for Downey Industrial Property

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

|
Publisher Contact: Anne Monaghan - MonaghanPR.com 
949-722-2933 anne[.]monaghanpr.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Monaghan Communications securities in any jurisdiction including any other companies listed or named in this release.

Real Estate/Property Management via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From Monaghan Communications / Company Profile


Read Real Estate/Property Management Most Recent Related Newswires:

Ede Costa Team Joins Berkshire Hathaway HomeServices California Properties
Berkshire Hathaway HomeServices California Properties Opens New Office in Brea
Berkshire Hathaway HomeServices Nevada Properties Opens New Southwest Las Vegas Office
Berkshire Hathaway HomeServices Nevada Properties Appoints New Las Vegas Branch Manager
Homenova, Inc. Launches A Website for Private Home Sales
Real Estate Executives Appointed to GLVAR Board in Nevada
Westcorp CFO Named Top Tech Exec in Nevada
Berkshire Hathaway HomeServices Arizona Names New Manager
Berkshire Hathaway HomeServices California Properties Names Larry Tait Yorba Linda Branch Manager
Progressive Realtors Launches New Website to Connect Home Buyers & Sellers
Americana Holdings Forms Alliance with ListHub Global in Three States
Manhattan Boutique Real Estate Joins South China’s Leading Luxury Property Show
17th Annual Kansas City Pagan Pride Day - Harvest Festival and Craft Faire on September 13th
Celebrity Staging Expert Announces Ask The Stagers Platform
Berkshire Hathaway HomeServices Arizona Properties Welcomes Hamlet Terry Team

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  La Bella Bakery Artisan Bakery Arizona

Visit  NAKIVO, Inc.





 
  ©2016 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)