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Former Bank Branch Positioned as Development Opportunity in Garden Grove Sale
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Former Bank Branch Positioned as Development Opportunity in Garden Grove Sale
CBRE closed the $11 million sale of a former Farmers & Merchants Bank branch at 10422 Garden Grove Blvd. in Garden Grove. The transaction ranks among the highest price-per-square-foot sales in the submarket at more than $1,125 per square foot, according to CBRE. CBRE’s Cameran Lindee and Greg Sullivan led the assignment on behalf of the seller, Farmers & Merchants Bank.The buyer was not disclosed. “To maximize value for our client, we co-markete…
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