05/29/2026
is pleased to announce the successful closing of 409 Euclid Avenue - a net lease retail asset in San Diego occupied by Jamba Juice & Auntie Anne’s.
🔸This closing represents the culmination of a full-cycle 1031 exchange for our client, who trusted our team to execute both sides of the transaction.
🔸Starting with the disposition of their 14-unit multifamily asset in Koreatown, our team worked closely with the client to identify a replacement property that met their investment objectives: consolidate equity, passive cash flow, and zero management responsibilities in a well-located SoCal market.
🔸We sourced 409 Euclid as the ideal fit - a NNN asset backed by a recently executed long-term with lease extensions, fixed rental increases, and a creditworthy tenant.
🔸From there, our team moved with efficiency to bring the deal under contract within three weeks of opening the exchange and closing in 35 days.
💼 Neema Ahadian Represented the Buyer
📱 Contact us at (310) 909-5444