Terreno Realty Corp. Acquires Warehouse In Compton For $11.1M

An industrial warehouse located at 1100 W Walnut St. in Compton has been sold for a price of $11,100,000. The property, spanning 60,000 square feet, was purchased by Terreno Realty Corp. from Hot Chocolate Inc. The warehouse is situated in a bustling market, offering great potential for commercial activities. With a price of $185 per square foot, this transaction represents a significant investment in the Compton real estate market.

Summary of transaction details

• Property Type: Warehouse
• Transaction Amount: $11,100,000
• Square Footage: 60,000
• Price per Square Foot: $185
• Market: Compton

The deal was facilitated with the help of brokers Alex Nagel, Matthew Boggs, and Casey Mungo from Daum Commercial Real Estate. Their expertise and negotiation skills played a crucial role in the successful completion of this transaction.