Business/Real EstateNews

CPI Capital, The Bradco Companies and Newmark Knight Frank Facilitate 21 Day Closing

Future plans call for medical offices.

VICTORVILLE, Calif — With a joint effort and coupled with a severe timeline, Mr. Joseph W. Brady, President of Joseph W. Brady, Inc., dba The Bradco Companies, in conjunction with their co-listing partner, Mr. Norman Lee, Senior Managing Director and Mr. Michael Rudis, Associate, of Newmark Knight Frank were able to facilitate a sale with Mr. John Connolly, President of CPI Capital (Victorville) and his client for a building located at 17125 Silica Drive in Victorville. 

This 17,600 ± Sq. ft. building, on a site consisting of 2.94 acres was formally owned by Desert Community Bank and their former owner East West Bank, a publicly held company from Pasadena, CA. The property was listed for $2,112,000 and ultimately sold for $1,750,000.

“Without the help of Mr. Scott Webb, Associate Planner of the City of Victorville, the Victorville staff, the sale could not have been concluded in such a short period of time, stated,” Connolly. “This transaction proves that when you have a quality buyer and a quality seller working jointly with commercial brokers who are experts in what they are doing, and a City that wants to continue to grow, great things happen,” stated Brady. 

For additional information about these properties, please contact The Bradco Companies at (760) 951-5111. To speak to Mr. Joseph W. Brady, CCIM, SIOR please contact (760) 951-5111 x 101. The Bradco Companies is also well known for its publication The Bradco High Desert Report; the first and only economic overview of the High Desert Region of its kind, Originally published in May 1993. If you would like to receive a free copy of The Bradco High Desert Reportplease visit: www.thebradcocompanies.com/registeror call 760 951-5111 Ext 100 to request.

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