Burbank, Calif. — SBH Real Estate Group has completed the disposition of a 14,000-square-foot retail property occupied by Harbor Freight Tools in Burbank, California. SBH originally purchased the property in the first quarter of 2018 and proceeded to renovate and improve the building. Renovations included a new roof, updated electrical and lighting systems, new restrooms and a new HVAC system. A private investor acquired the property for $7.8 million. Adam Friedlander and Kien Tsoi of JLL represented the seller, while Jeff Gerlach from CBRE represented the buyer in the deal.
SBH Real Estate Sells Retail Property in Southern California for $7.8 Million