Coldwell Banker Commercial Arnold and Associates Assists with Sale of Ritter Building

Posted on Posted in Done Deals, News

BEAUMONT, TEXAS – Coldwell Banker Commercial Arnold and Associates’  (CBCAAA) President and Broker Sheri Arnold has successfully negotiated the sale of 2790 Washington Boulevard in Beaumont, a commercial building near Fannett Road. Sheri represented the seller in this transaction.

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The familiar property on Washington Boulevard previously belonged to C.L. Sherman and Son Lumber Company, which was later acquired by Ritter Lumber, a family owned, customer-oriented building supply company that strives to provide shoppers with the best quality of service possible.

The sizable property, just over 17,000 square feet, sits on 2.2 acres facing Washington Blvd. and has been sold to a local investor. The new owner has plans for development, which have not yet been released to the public, but come at a great time. Washington Boulevard has been the subject of a considerable roadway renovation over the last several months, a wonderful representation of the city’s commitment to Beaumont.

 

 ABOUT COLDWELL BANKER COMMERCIAL ARNOLD AND ASSOCIATES

 Coldwell Banker Commercial Arnold and Associates is one of the only national franchises in Southeast Texas that specializes in commercial, industrial and investment transactions. Within the collaborative network of independently owned and operated affiliates, CBCAAA is offering its clients worldwide resources combined with local knowledge. The organization skillfully combines a powerful national and international presence with the agility of a regional market innovator. This striking versatility allows them to provide the resources and insight to understand their local market and the expertise to convert this knowledge into tangible value for each client.

For more information, visit www.cbcaaa.com or call (409) 833-5055.