CBRE facilitated the $27.8-million sale of Fairway Center II, a 135,308-square-foot office property located at 675 Placentia Ave. in Brea. CBRE represented the institutional seller. The Whittier Comstock, LLC, a subsidiary of MW Investment, LLC and owned by Matt Waken, acquired the property.
CBRE’s Anthony DeLorenzo with National Office Properties, along with Sammy Cemo, Bryan Johnson and Jackson Marlow, represented the seller. Shaun Moothart and Andrew Post of CBRE’s Debt & Structured Finance practice secured the financing for the buyer.
“Fairway Center II attracted significant interest amongst the investment and owner/user community alike,” said DeLorenzo. “We received multiple competitive offers from a variety of buyer profiles and awarded the property to a private investor within the first 30 days of marketing.”…