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Friday, July 30, 2010 Office
In Anaheim Hills, the firm has been hired to market 5109 E. L Palma Ave. with an asking price of $8.95 million. The 35,979 square foot office/flex building is being offered with a 6.6 percent capitalization rate and is currently 100 percent occupied. In Palm Springs, the Economos Group is selling 500 S. Palm Canyon Drive, a 26,700 square foot office/retail building for $6.75 million. It is located in downtown Palm Springs' commerce hub and is being offered 97 percent occupied with a 6.54 percent capitalizaton rate. The brokers handling the sale of these properties are Steve Economos, George Economos, Geoffrey DeWolf and Matthew Moore. Earlier this year, the group completed $18 million in sales in Mission Viejo and Laguna Hills. Address: 5109 E. La Palma Ave., Anaheim Hills, Calif. - 500 S. Palm Canyon Drive, Palm Springs, Calif. Size: 62,679 square feet Filed Under: Office E-mail this article to a friend | Printer friendly format| DIGG this| Post to del.icio.us Comments on this article
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