Staley Point Capital And Bain Capital Real Estate Sell Industrial Properties In Santa Fe Springs And Brea For $54M

Staley Point Capital, in partnership with Bain Capital Real Estate, has successfully sold two industrial properties in Santa Fe Springs and Brea for a combined price of $54 million. The properties were originally purchased in 2021, and the recent sale achieved a 53% gain for the sellers. Both Staley Point Capital and Bain Capital Real Estate specialize in acquiring and renovating industrial assets in the Los Angeles and Orange County area, and their strategy has proven to be successful despite the current slower market conditions and rising interest rates.

Summary of transaction details

• Property Type: Industrial
• Transaction Amount: $54,000,000
• Square Footage: 159,292
• Price per Square Foot: $339
• Addresses: 10907 Painter Avenue, Santa Fe Springs & 331 Cliffwood Park Street, Brea
• Market: Santa Fe Springs & Brea

The sale was conducted by Eric Staley, representing Staley Point Capital, and Andrew Terris, representing Bain Capital Real Estate. Despite the current market conditions, the sellers were able to achieve a significant gain on their investment. Their expertise in acquiring and renovating industrial properties has proven to be a successful strategy in the Los Angeles and Orange County market.