News

Line of Functional & Convenient Carts on Shark Tank - dbest products

Richard EldenMay 14, '21

As for his numbers, his sales this year are already at $5Mill as of the filming of his episode. He projects to do $7-8Mill by the end of the year. This is up from $2.5Mill last year. Across his products he has a blended gross margin of around 50%, however...

CBRE Represents Shark Tank Entrepreneur in 1031-Exchange Industrial Deal in Los Angeles

Richard EldenMay 13, '21

CBRE Group, Inc. announced the acquisition of a 58,555 square-foot industrial property in Paramount, Los Angeles County, by dbest products Inc., a manufacturer of lightweight, collapsible rolling carts and bags, as part of a 1031-exchange transaction totaling $13.7 million in consideration.CBRE’s Robert Flores, Brian Held and Ryan Foley represented Richard Elden, the Owner and President of...