Vella Group Secures $28.1M Loan For Industrial Property In Hawthorne

The industrial property located at 12515-12519 Cerise Avenue in Hawthorne has been involved in a closed transaction. The property spans across 61,412 square feet and was purchased for a loan amount of $28,100,000. The lender for this transaction was M&T Bank. The property is owned by the Vella Group and the deal was represented by brokers Adam Bakhash and Zach Vella.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $28,100,000
• Square Footage: 61,412
• Address: 12515-12519 Cerise Avenue
• Market: Hawthorne

The Vella Group acted as the landlord in this transaction, while M&T Bank provided the loan. The buyers, represented by Adam Bakhash and Zach Vella as their brokers, successfully acquired the property. This closed deal showcases the involvement of key individuals and companies in the industrial market of Hawthorne.