Updated Sep 9, 2026
Dovetail Furniture & Designs Renewed Lease For 90,700 Square Feet In Carson For $7.18M
16901 Keegan Avenue & 16905 Keegan Avenue
Building Size
90,700 SF
Asset Type
Industrial
Closing
Sep 4, 2026
About this deal
AI
The property asset involved in this transaction is an industrial facility located at 16901-16905 Keegan Avenue in Carson, California. It has a substantial size of 90,700 square feet. The transaction is valued at $7.18 million, and the facility features 18 dock-high loading positions and a lot size of 207,300 square feet, allowing for easy access to major freeways as well as the ports of Los Angeles and Long Beach.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $7.18 million
- Address: 16901-16905 Keegan Avenue
- Market: Carson, CA
- Landlord: Alere Property Group
- Tenant: Charlie Shaw & Ted Einstein - Dovetail Furniture & Designs
- Brokers: Matt Stringfellow & Courtney Bell - The Klabin Company
- Lease Terms: 66-month
Dovetail Furniture & Designs renewed its lease for the aforementioned industrial facility in a significant deal brokered by The Klabin Company. Alere Property Group represented itself in this lease transaction.
Players
Mechanicsville 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