The Niki Group, a real estate investment firm based in San Diego, has sold a freestanding retail property in Palm Desert, California. The single-tenant building traded to a private individual buyer for $6 million, or just about $281 per square foot. The Niki Group purchased the property in March 2023 for $5.1 million.
Real Estate Investor Sells Fully Leased Building in California's Desert Gateway
The Niki Group Divested Itself of the Retail Property After a Year of Ownership
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IN THIS ARTICLE
- Properties
- Companies
- The Niki Group
Real Estate
- Paul Kott Realtors, Inc.
Real Estate
- Contacts
- Wally Courtney
Broker, Paul Kott Realtors, Inc.
- Bryan Cunningham
Senior Vice President, JLL
- Brian Quinn
Senior Vice President, JLL