Nov 22, 2011
The Wehrmann Team Sells Victorville Office Building in 35 Days
By: Chris Lamoreaux
Victorville, CA – With bank owned properties entering the market more frequently, Coldwell Banker Commercial’s Office and Industrial Team, Walt and Janette Wehrmann have successfully completed another transaction. Representing the seller of a six-unit office building in Victorville, Broker Associate Walt Wehrmann, and Senior Sales Associate, Janette Wehrmann, worked diligently to market and sell the unique property, generating several offers.
Located on Cholame Road in Victorville, the property posed a great opportunity for either an owner-user or an investor. Spanning over 10,878 square feet, the centrally located office building offered valuable features for either a single or multi-tenant use, such as ample parking and favorable pricing.
While representing the owner, a financial institution, Walt and Janette Wehrmann found the sale to be an all-around positive transaction. The Wehrmann’s worked effectively with the bank in the disposition of a non-performing asset in an effort to locate a buyer for the property.
With an aggressive asking price of $325,000, the Cholame office building is conveniently located in the Victorville Civic Center. Offering easy access to Palmdale Road and Interstate-15, this property is a great asset with tremendous potential and upside value.
Walt Wehrmann found various factors responsible for the speed and success of the sale. “We were impressed with the ease and timeliness of this transaction. The seller worked with our team to coordinate the sale and was a pleasure to represent. With any transaction, communication is the key. Faster response times lead to quicker turnaround times with offers and agreements, making for positive and swift sales,” stated Walt Wehrmann.
Another aspect which can be attributed to the accomplishment of the sale is the teamwork in which the Wehrmanns and the outside broker displayed. The Wehrmanns emphasize building positive relationships with buyers, sellers, investors and outside brokers. “Every commercial real estate transaction truly is a team effort,” stated Janette Wehrmann. “The buyer’s representative worked with us to complete the sale in a professional manner and we really enjoyed working with all involved parties,” added Janette.
With successful commercial real estate deals contributing to the economic growth and expansion of the High Desert, the entire team at Coldwell Banker Commercial aims to work with all involved parties in an effort to provide impeccable customer service. For more information about how the Wehrmanns can assist you with your office and industrial needs, call (760) 684-8060 or e-mail ww@CBCdesert.com.
About Coldwell Banker Commercial Affiliates, Inc.
Coldwell Banker Commercial Affiliates is one of the leading franchisors of commercial real estate services through the Coldwell Banker Commercial® brand. Founded by Chris and Jason Lamoreaux, Coldwell Banker Commercial Real Estate Solutions is an independently-owned and operated affiliate member of Coldwell Banker Commercial, a premier provider of real estate services and a leader in the commercial real estate industry. The Coldwell Banker Commercial network of brokers serves the needs of owners and occupiers in the leasing, acquisition, disposition, structured finance and management of all property types. The Coldwell Banker® network of commercial brokers can be found in over 500 offices in 41 countries. For additional information on Coldwell Banker Commercial Real Estate Solutions, contact the Victorville office at (760) 684-8000 or visit their Web site at www.cbcdesert.com.