Updated Nov 4, 2026
LaSalle Investment Management Acquires Waddell Industrial Property For $109.5M From Clarius Partners And Peakline Real Estate
8700 North Sarival Avenue
$109,500,000
$149/SF
Building Size
733,850 SF
Asset Type
Industrial
Closing
Oct 29, 2026
About this deal
AI
The property involved in this transaction is an industrial asset located at 8700 North Sarival Avenue in Waddell. The sale price for the property was $109,500,000, with a total square footage of 733,850, which equates to a price per square foot of $149.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $109,500,000
- Buyer: LaSalle Investment Management
- Seller: Clarius Partners; Peakline Real Estate
- Brokers: Will Strong, Molly Miller Hunt, Jack Stamets, Michael Matchett & Madeline Warren - Cushman & Wakefield
The transaction was facilitated by a group of brokers from Cushman & Wakefield, including Will Strong, Molly Miller Hunt, Jack Stamets, Michael Matchett, and Madeline Warren, who played a key role in representing the interests of the buyer and seller throughout the deal.
On the Map
$109,500,000
$149/SF
Industrial
View full map
Players
Waddell Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
Loading comparables…
Deal FAQ
Visit Molly Miller Hunt to view all their deals.
Browse Waddell industrial sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.14%
Cash-on-Cash
-0.04%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93