By Tom Dispositions 0 Comments

144 Bed Senior Assisted Living Facility for Sale at $12,750,000

The Palm Retirement Center is a rarely offered 144 Bed Assisted and Memory Care facility located in Fullerton, California. The residential care facility (RCFE) consists of 108 assisted living beds and 36 memory care beds situated in separate wings. Amenities include a large dining hall and commercial kitchen, laundry facility, recreation rooms, library, salon, and two outdoor courtyards. The 34,000 SF facility is situated on a 40,750 SF lot and has been a home for assisted living residents since 1977. Recent improvements include a new elevator and roof.  Exclusively listed by Tom Nguyen and offered at $12,750,000.

By Tom Acquisitions 0 Comments

Grocery Anchored Retail Center Acquired for $30 million

Tom Nguyen represented the Buyer in the acquisition of a Superior Grocer’s anchored center located in Baldwin Park, California. In addition to Superior Grocer, the center is occupied by other national tenants that include CVS, Chase Bank, O’Reilly Auto Parts, El Pollo Loco, GNC, Waba Grill and Subway. The property has a GLA of 94,093 SF and is situated on 6.65 acres of land.