Novato, CA (August 3, 2016) – Meridian Commercial President Matt Brown announced today that he and Angela Barker from his firm facilitated the sale of the Novato Lumber & Fence property on Redwood Boulevard from the fence contractor to the Dana Family Trust.
The approximate 18,000-square-foot property located at 7586 Redwood Blvd. in Novato sold for $674,000.
Matt Brown represented the seller, Novato Lumber & Fence & while Angela Barker represented Paul and Don Dana of the Dana Family Trust in the transaction.
Brown said that there were a number of bidders for the property primarily from other contractors for potential corporate yards. Land suitable for yard space is at an all-time premium in Marin due to the strong economy and the scarcity of vacant land. Novato Lumber and Fence is relocating within Novato. The new owners will continue renting to the current occupants as they formulate plans for the future uses of the property.
About Meridian Commercial
Meridian Commercial is a locally owned real estate services firm dedicating to strengthening community through encouraging and advocating transactions that work for all parties. Located in San Rafael, California, Meridian Commercial provides a higher level of service in the leasing and sales of light industrial, office and retail properties, as well as the sale and management of multifamily properties, throughout Marin and Sonoma Counties.