The James Group is pleased to announce the sale of a three-property portfolio: 933 Holly St in Inglewood, 2001 Browning Blvd, and 3414 7th Ave in Los Angeles. Together the three buildings total 7 units and 5,562 square feet, and all three closed for a combined $2,150,000.
Rather than marketing each building on its own, we brought all three to market as a single portfolio. Packaging them together let buyers underwrite the deal at scale, generated stronger interest than any one property would have on its own, and gave the seller a single coordinated exit instead of three separate escrows.
The strategy paid off in speed: all three properties went under contract and closed quickly, with the escrows running on the same timeline. For an owner holding several smaller buildings, a portfolio sale can be the cleanest way to trade out of the market or reposition into a larger asset through a 1031 exchange.
Thinking about selling a building, or a few? We would be glad to walk you through what a portfolio sale could look like for your properties.
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