LOS ANGELES, CALIFORNIA – Quest Realty Group, Inc. (“QRG”) is pleased to announce the recent sale of their rare generational mixed-use investement, Kenneth Village, located at 1405-1411 Kenneth Rd in Glendale, California.
LOS ANGELES, CALIFORNIA – Quest Realty Group, Inc. (“QRG”) is pleased to announce the recent sale of Casa Del Sol RV Resort (“Casa”) at 2750 W Acacia Ave, Hemet, California. Casa Del Sol is a 358 site, 3+ star, all-age RV community located in Hemet in a prime center city location off Highway 74. Casa Del Sol Investors Group, LLC, a Quest Realty Group investment company, purchased the property in 2010 and sold the investment for $8,800,000 in April 2019.
Quest Realty Group acquires Hollenbeck Center for $4,010,000 ($155/SF) as a value-add investment with long-term stable cash flow potential.
Business Conference Solutions inked a 5-year lease at a starting rate of $2.25/SF with 3% annual increases.
The addition of the 40 foot wall of plants to the common area adds bold color to the upgraded creative office building.
Refinancing loan allowed the company to take out additional money for capital improvements and to continue tenant improvements through the lease-up process.