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6700 South Alameda Street

Howard Schwimmer And Michael Frankel Of Rexford Industrial Renew Long-Term Leases For Cold Storage Facilities
LEASEDIndustrial

Howard Schwimmer And Michael Frankel Of Rexford Industrial Renew Long-Term Leases For Cold Storage Facilities

6700 South Alameda Street & 6020 Sheila Street

Building Size

298,314 SF

Asset Type

Industrial

Closing

Oct 16, 2025

AI

Two industrial freezer-cooler facilities located at 6700 Alameda Street and 6020 Sheila Street in Huntington Park and Commerce, California, have a total square footage of 149,157. These properties are part of the market in Los Angeles County and are owned by Rexford Industrial.

Summary of transaction details:

Howard Schwimmer and Michael Frankel represent Rexford Industrial in this transaction, ensuring the proper management and maintenance of their properties. Tom Sexton and Ted Attalla from NAI Capital have acted on behalf of the tenant during the lease renewals, facilitating the ongoing functionality of the industrial sites in question.

Players

Philip Attalla

NAI Global

Broker

$17.1M

vol

3 deals

Broker
NAI Global
NAI GlobalBrokerage
Howard Schwimmer

Howard Schwimmer

Rexford Industrial

Landlord

$3B

vol

30 deals

Landlord
Rexford Industrial
Rexford IndustrialLandlord

Huntington Park Industrial Market Snapshot

Boundary boundary · Industrial · Lease transactions

Loading comparables…

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