Exeter Acquires Industrial Asset In Litchfield Park For $113.55 Million With Will Strong As The Broker

16451 West Glendale Avenue

$113,550,000

$125/SF

Building Size

906,607 SF

Asset Type

Industrial

Closing

Sep 14, 2025

AI

The asset involved in this transaction is an industrial property located at 16451 West Glendale Avenue in the Litchfield Park market. The sale price for this property was $113,550,000, with a total square footage of 906,607, resulting in a price per square foot of $125.

Summary of transaction details:

Property Type: Industrial
Transaction Amount: $113,550,000
Address: 16451 West Glendale Avenue
Market: Litchfield Park
Square Footage: 906,607
Price per Square Foot: $125
Buyer: Exeter
Seller: Jack McKinney, Sr., Jason Chapman & Christopher McKinney - McKinney Investments, Sean Armstrong & Brent Fraker - Westport Capital; Jonathan Watson & Caitlyn Mach - AEW
Broker: Will Strong - Cushman & Wakefield

The key individuals involved in this transaction include the buyer Exeter and various sellers from McKinney Investments and Westport Capital, along with representatives from AEW. The deal was brokered by Will Strong from Cushman & Wakefield, who facilitated the transaction among the involved parties.

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