Login

Kars Plus Purchases 1.79 Acres

Land Sale is One of the Highest Priced Per Square Foot in Area
By Matthew Wietzke
November 22, 2002 | 8:19 P.M.

Kars Plus purchased 1.79 acres of land located at 8928 Sepulveda Blvd. in North Hills, CA. The seller, Jacobs Family Trust, owned the land for almost 80 years prior to the transaction. Total consideration for the deal was approximately $2.5 million, or $32 per square foot. Kars Plus is going to use the land as its second car sales location. Dale Jackson of D.E. Jackson Realty represented the buyer. Bruce Frasco, Stacy Vierheilig-Fraser, and Jay Rubin of Charles Dunn Co. Inc. represented the seller, Jacobs Family Trust.

This news story is available exclusively to CoStar subscribers.

Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.

This news story is available exclusively to CoStar subscribers.

Ready to Learn More?

Sign Up For a Personalized Demo.

Sign Up For a Demo To Learn More.

Already A Subscriber? Sign In

IN THIS ARTICLE