NKF Capital Markets Brokers Sale of 105,000 SF Office Building in Cerritos, California
CERRITOS, CALIF. — NKF Capital Markets has negotiated the sale of an office building located at 12800 Center Court Drive South in Cerritos. West Coast Capital Partners acquired the property from an affiliate of Transpacific Development Co. for an undisclosed price.
Built in 2009, the five-story, 105,000-square-foot property is 91 percent occupied by five tenants.
Kevin Shannon, Paul Jones, Ken White, Blake Bokosky and Brandon White of NKF Capital Markets represented the seller, while the buyer was self-represented in the 1031 exchange transaction.