Updated May 4, 2026
Ben Weinstein Of Lux Flooring Signs 75,000 Square Foot Lease With K&C Ventures In Santa Fe Springs
11641 Pike Street
Building Size
75,000 SF
Asset Type
Industrial
Closing
Apr 30, 2026
About this deal
AI
The industrial property located at 11641 Pike Street in Santa Fe Springs consists of 75,000 square feet. This asset is situated in a market where industrial fundamentals are exhibiting signs of softening, with an increase in vacancy rates and declining rents.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not Disclosed
- Address: 11641 Pike Street
- Market: Santa Fe Springs
- Landlord: K&C Ventures
- Tenant: Ben Weinstein - Lux Flooring
The lease transaction was notable for being among the largest industrial leases in the Mid-Counties region during the first quarter of 2026. K&C Ventures represented the landlord while Ben Weinstein acted for Lux Flooring in securing the lease amid market conditions characterized by increasing vacancy in the 70,000–99,999 square foot segment and negative absorption trends.
Players
Santa Fe Springs Industrial Market Snapshot
Boundary boundary · Industrial · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93