Buellton, Calif.—March 22, 2017—An Industrial Investment property located at 37 Industrial Way in Buellton, was purchased for $3,875,000.
Associate, Jeff Allen with San Luis Obispo office and Sr. Associate, Allen Segal with the Los Olivos office, represented the buyer Positive Investments, Inc. in the sales transaction of the 19,296-square-foot building. The fully leased multi-tenant investment property offers 14 separate units suitably located at the end of Industrial Way.
The City of Buellton is located in northern Santa Barbara County, within the Santa Ynez Valley, 35 miles north of Santa Barbara. The region is easily accessible from U.S. Highway 101 and State Highways 154 & 246.
About Positive Investments, Inc.:
Over the last 40 years Positive Investments, Inc. (Positive) has become one of the most active and diversified buyers and operators of commercial real estate properties in Southern California. Since 1976, Positive has owned and operated an extensive portfolio of commercial real estate properties. Positive has experience in the acquisition, ownership, management and disposition of different property types.