CBC Advisors Announces $3.545 Million Sale Of A Retail Strip Center In Long Beach, Ca

IRVINE, Calif. - Sept. 7, 2016 - PRLog -- Daniel Tyner and Scott Hook, of CBC Advisors Orange County, has arranged the sale of the Orange Plaza retail strip center located in Long Beach, CA. Situated on a 19,840 square foot parcel near downtown Long Beach, the property sold for $3.545 Million to a private 1031 all-cash buyer. Daniel Tyner and Scott Hook represented the seller in this transaction.

"With all 6 tenants on full triple net leases and long-term tenancy in place, we procured multiple competitive offers in a short amount of time," stated Daniel Tyner. "This transaction exemplifies the high demand for well-located strip centers in the coastal markets," Tyner added.

Daniel Tyner, having started his career at an early age with Coldwell Banker Commercial in 2014, continues to set footprint in the commercial real estate industry. Specializing in the sale of retail properties, Mr. Tyner has exclusively listed and sold numerous properties including Rite Aid, Carl's Jr, Taco Bell, and Dollar Tree among others. Mr. Tyner and Mr. Hook have sold numerous multi-tenant and single tenant retail properties throughout Southern California.

About Coldwell Banker Commercial Advisors

Coldwell Banker Commercial Advisors (CBC Advisors) has maintained its designation as the top-performing Coldwell Banker Commercial affiliate in the world for 13 consecutive years. With over 450 professionals in 29 offices spanning New York to Los Angeles and from Miami to Anchorage, CBC Advisors provides the most technologically advanced and dynamic platform in the industry. For more information, visit www.cbcadvisors.com.

About Coldwell Banker Commercial Affiliates

Coldwell Banker Commercial^® is a registered trademark licensed to Coldwell Banker Real Estate Corporation. Since 1906, the Coldwell Banker Commercial brand has been a premier provider of real estate, recognized globally as a company that puts the client first while delivering individual, distinctly different service. Coldwell Banker Commercial affiliates cover territory throughout North America, South America, Europe, Africa, Asia, and Australia. Coldwell Banker Commercial is an industry leader in providing commercial real estate solutions that serve the needs of tenants, landlords, sellers and buyers in the leasing, acquisition, disposition and management of all property types. Each office is independently owned and operated. For more information, visit: www.cbcworldwide.com.