The property consists of two separate buildings, broker Ken Hulbert of Daum Commercial Real Estate Services tells GlobeSt.com. He says one building is entirely office space and the other is about 12,000 sf, composed of about 5,400 sf of office and the rest industrial space. Hulbert and Daum's Dan Knudson represented Beal Bank, which foreclosed on the property within the past year, while the buyers represented themselves.
"The beauty of this deal was that it had almost five to one parking," Hulbert tells GlobeSt.com. He says the high parking ratio should make the space attractive to prospective tenants of the property, which is 50% occupied.
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