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Pinpoint Logistics Acquires 50,058 SF Industrial Facility In Rancho Dominguez

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Benjamin (Benji) GribnauLeor BinshtockJake Zacuto

$0

LEASED

California

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Industrial
Leased 08/01/2020
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Benjamin (Benji) GribnauLeor BinshtockJake Zacuto

$0

LEASED

Pinpoint Logistics Acquires 50,058 SF Industrial Facility In Rancho Dominguez

3019 East Maria Street, Compton, CA 90221

See Similar Deals
Industrial
Leased 08/01/2020
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Summary

CALIFORNIA
Asset Type:Industrial
Transaction Type:Lease

The 50,058 square feet industrial property located at 3019 E. Maria St. in Rancho Dominguez has been leased. The lease transaction took place on 08/01/2021. The property, which is part of the South Bay Industrial Market, features a minimum ceiling height of 22 ft and 5 dock high loading docks.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Date: 08/01/2021
  • Address: 3019 E. Maria St.
  • Market: Rancho Dominguez
  • Tenant: Jeanne Hamilton
  • Landlord: Jeffrey Raiger
  • Brokers: Jake Zacuto, Benji Gribnau, and Leor Binshtock
  • Asking Rent: $0.98/ft.
  • Square Footage: 50,058

Zacuto Group's Industrial Logistics Team, consisting of Jake Zacuto, Benji Gribnau, and Leor Binshtock, represented Pinpoint Logistics in the lease acquisition. They led a regional search on behalf of the tenant, outbidding multiple offers to secure a successful result for them. The South Bay Industrial Market continues to be one of the strongest markets in the country for quality logistics buildings.

Players

Jake Zacuto
59 deals$368.6M volume(310) 469-9012
BROKER

Leor Binshtock
Zacuto Group
25 deals$169M volume
BROKER

Benjamin (Benji) Gribnau
Zacuto Group
13 deals$46.9M volume
BROKER

Details

LEASED
IMAGE: Leor Binshtock, Benji Gribnau & Jake Zacuto DATE: 08/01/2021 ADDRESS: 3019 E. Maria St. MARKET: Rancho Dominguez ASSET TYPE: Industrial TENANT: Jeanne Hamilton LANDLORD: Jeffrey Raiger BROKERS: Jake Zacuto, Benji Gribnau (@BenjiMichaelz) & Leor Binshtock (@Leor_S_B) - (@ZacutoGroup) ASKING RENT: $0.98/ft. ~ SF: 50,058 NOTE: Zacuto Group’s Industrial Logistics Team of Jake Zacuto, Leor Binshtock and Benji Gribnau represented Pinpoint Logistics in the acquisition of a 50,058 distribution facility. The property features 22 ft minimum ceiling height and 5 dock high loading docks. The ZG team lead a regional search on behalf of the Tenant and out competed multiple offers to obtain a successfully result for the user. The market for quality logistics buildings in the South Bay Industrial Market remains one of the strongest in the country.

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Deal Type
Effective Rent (Annual)

$573,193.97

Total Lease Value

$5,731,939.66

Net Landlord Cash Flow$573,193.97