JLL Secures $34.8M Acquisition Financing For Industrial Property In Compton, CA

The industrial property located at 17707 S Santa Fe Ave in Compton, CA has been involved in a closed transaction. The property was acquired for a sale price of $50,900,000. It spans across 132,000 square feet, resulting in a price per square foot of $385.60.

Summary of transaction details

• Property Type: Industrial
• Transaction Amount: $50,900,000
• Loan Amount: $34,800,000
• Loan Type: Acquisition financing
• Loan Terms: 10 year term, 5 years IO, 4.55% fixed
• Address: 17707 S Santa Fe Ave, Compton, CA
• Market: Compton, CA

The landlord for this property is the Danesh Family. The brokers involved in the deal were Marc Schillinger, Wyatt Strahan, and Brooke Hinkel from JLL. They represented the buyer or seller in this transaction.