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Pomona’s West Coast RV Trades for $9.65 Million

Group Sells 85 S. Auto Center Drive for $763 PSF
By Michelle Sheahan
January 9, 2008 | 3:47 P.M.

Isaac Alchalel of L&H Crescent LLC acquired the West Coast RV mega store in Pomona for $9.65 million, or about $763 per square foot, at a 7% cap rate as an upleg in a 1031 exchange. The buyer financed approximately 60% of the sale price. Kenneth and Gordon Erdmann, James and Martha Caswell and Briana Sfeir sold their interest in the property.

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