LOCATION: 3820 State Street, Santa Barbara, CA SIZE: 32,000 sf, 2 acres PROJECT TEAM: Stephen Hayes, RESULTS:The brokerage team marketed the property to local and regional investors and the client's goal was achieved by accepting an offer to purchase from Tenet Healthcare for $6.8 million in March 2002. The brokers managed the escrow process through the close in January 2003. Letter of Commendation from Mr. Bucksbaum is available upon request. ADDITIONAL ASSIGNMENTS: Leased the facility to Tenet Healthcare in 1995, when it moved its headquarters from Santa Monica to Santa Barbara.
RESULTS:The brokerage team marketed the property to local and regional investors and the client's goal was achieved by accepting an offer to purchase from Tenet Healthcare for $6.8 million in March 2002. The brokers managed the escrow process through the close in January 2003. Letter of Commendation from Mr. Bucksbaum is available upon request.
ADDITIONAL ASSIGNMENTS:
