2019 was another memorable year for our Commercial Division, which has consistently ranked among the top five divisions for commercial sales production in the nationwide Berkshire Hathaway HomeServices network (No. 1 in 2016 and 2017, No. 2 in 2018.). While the totals for 2019 will be announced in March, we’re pretty sure some of the year’s notable transactions will keep us at or near the top once again.
We thought this would be a good time to look back at some of the properties that earned the spotlight for our formidable team of expert commercial agents from Santa Barbara to San Diego.
Congratulations to everyone involved for another outstanding year of commercial successes.
This duo represented Hotel Laguna and six nearby addresses on South Coast Highway, Laguna Beach. The terms are confidential, but at 99 years, this beachfront property has the potential to be the most valuable long-term ground lease in our company’s commercial portfolio to date.
Valued at $70 million and available for the first time in 50 years, this 1,800-acre coastal ranch 18 miles north of Santa Barbara boasts two miles of private-access oceanfront and white-sand beaches. Its seven homes include the main hacienda-style residence (3,700 square feet, four bedrooms, five full bathrooms), a turn-of-the-century Victorian home, and a manager’s home.
With a $2.3 million price tag, this office property is an impressive sale.
Located in one of San Diego’s beloved neighborhoods, this retail/office property transaction is valued at $3.35 million.
Learn more about the differences and how our Commercial Specialists can help you find your perfect commercial property.