Vista, CA

21,213 SQ FT

U.S. DISTRICT COURT OFFICE

21,213 SQ FT

Within 48 hours of commencing the marketing assignment for the U.S. District Court Building, multiple offers were generated by GRE Group, and a private individual investor in a 1031 exchange was selected for the acquisition. All contingencies to the sale were removed after 10 days, and the buyer released an earnest money deposit of 14% of the sales price to the seller, which equated to $1.3 million on a transaction size of $9.3 million. The property was sold at 99.5% of the list price.