Vella Group Acquires Industrial Asset In Carson For $17.5M

The Vella Group has acquired the industrial property located at 1010 Sandhill Ave in Carson. The property, owned by Palos Verdes Footwear, has been sold for a price of $17,500,000. It spans a total square footage of 85,259 and the price per square foot amounts to $205.26. This transaction took place on July 15, 2020.

Summary of transation details

• Property Type: Industrial
• Transaction Amount: $17,500,000
• Address: 1010 Sandhill Ave
• Market: Carson

The deal was facilitated by brokers Brad McCoy, David Wilson, and Weston Dunlap from CreativeOffice365. They represented the buyer, Vella Group, in this transaction. The Vella Group plans to use the property as the future location for an electric vehicle tenant. More details about the tenant will be announced soon.