Staley Point Capital & Bain Capital Acquire Industrial Property In Inland Empire For $32.7M

The industrial property located at 1020 South Mildred Avenue in the Inland Empire has been sold for a transaction amount of $32,700,000. The property spans 72,768 square feet and was purchased at a price per square foot of $450. The sale took place on 08/09/2022 and the buyer is Staley Point Capital, represented by Eric Staley & Bain Capital. The seller, Jacob & Sons LLC, was represented by Esther C. Kuo.

Summary of transaction details

• Property Type: Industrial
• Transaction Amount: $32,700,000
• Square Footage: 72,768
• Price per Square Foot: $450
• Address: 1020 South Mildred Avenue
• Market: Inland Empire

The buyer involved in this transaction is Staley Point Capital, represented by Eric Staley and Bain Capital. On the other hand, Jacob & Sons LLC, represented by Esther C. Kuo, acted as the seller. This successful sale signifies a significant transaction in the industrial property market of the Inland Empire.