Bruce Schneider Of Future Foam Inc. Acquires Fullerton Industrial Facility For $145M From Deanna D. Strable
1050 South State College Boulevard
$145,000,000
$689/SF
Building Size
210,400 SF
Asset Type
Industrial
Closing
Oct 2, 2025
AI
The industrial property located at 1050 South State College Boulevard in Fullerton features a total square footage of 210,400. Future Foam Inc. acquired this facility from Principal Financial Group for a transaction amount of $145,000,000, equating to a price per square foot of $689. This sale is noted as the highest per-square-foot industrial sale in Orange County for the year 2025.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $145,000,000
- Buyer: Bruce Schneider - Future Foam Inc.
- Seller: Deanna D. Strable - Principal Financial Group
- Sale Price per Square Foot: $689
- Previous Purchase Price: $52,600,000
- Transaction Date: 10/02/2025
This transaction highlights Bruce Schneider representing Future Foam Inc., acquiring the property from Deanna D. Strable, who represents Principal Financial Group in this deal. The property was purchased for nearly triple the amount that Principal Financial Group paid in 2022, indicating a substantial increase in market value.
Players
Fullerton Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.11%
Cash-on-Cash
-0.03%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93