Hubert King recently arranged the sale of 320 N Halstead St, Pasadena, CA. The investment property is a 2-story multi-tenant
office building. Mr. King worked on the building for more than 2 years, during which time he found two tenants to lease
over 50% of the vacant space. With his tremendous efforts, the property increased its actual cap rate significantly to attract
both investors and users. Recently, Mr. King received multiple offers, and sold the building to a cash user & investor within
a 30 day period.
Mr. King used REI Wise to generate the marketing materials used to sell the property. All necessary financial data were
included for potential buyers and brokers in a clear and concise format. The REI Wise PowerBroker platform helped buyer
significantly shorten the due diligence period.