ECCRE is announcing the Cap Sale of 1402 Audubon Blvd a 2,000 sf suite. ECCRE represented the Seller in the transaction which closed at a 8.5 CAP. The property was recently Leased through ECCRE’s REAA program and then placed on the market as an investment sale.
The tenant looks forward to remaining in place and the purchaser is pleased with he addition of the asset.
ECCRE Team Members: Nicholas Silivanch and Bernadette Silivanch represented the Landlord/Seller in the transaction.