CLOSING HIGHLIGHTS

• Launched our 14-point marketing plan in the middle of the pandemic; produced seven qualified offers from both developers and users within the first week of taking the property to market
• Accepted an offer within 95% of our proposed pricing with short due diligence period of seven days and no environmental or financing contingencies
• Represented both the buyer and seller in the transaction; assisted and overcame obstacles in escrow related to title and partnership dissolution
• Closed escrow in 50 days at the original contract price with no retrades or concessions from the seller
• Sold the property at a premium by marketing as both a owner user and development opportunity consisting of +/- 26,798 SF lot zoned [Q]C2-1-CDO (Tier 2) in a rapidly gentrifying submarket in the San Fernando Valley