Grant Goldman, Mark Shaffer, Matt Harris & Anthony DeLorenzo Of CBRE Sell Industrial Property For $14M In Santa Fe Springs

The property asset involved in this transaction is an industrial facility located at 11721-11741 Telegraph Rd, Santa Fe Springs, CA 90670. The asset, spanning a total of 53,300 square feet, is situated in one of the most desirable industrial markets in the country. The sale price for this asset was $14,000,000, translating to a price per square foot of $262. The property comprises three high-quality concrete-tilt buildings that are collectively 100% leased and encompass approximately 3.37 acres in a prime location.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $14,000,000
• Sale Price Per Square Foot: $262
• Total Square Footage: 53,300
• Address: 11721-11741 Telegraph Rd, Santa Fe Springs, CA 90670
• Market: Santa Fe Springs
• Seller's Representatives: Grant Goldman, Mark Shaffer, Matt Harris & Anthony DeLorenzo - CBRE

This transaction was executed in collaboration with a team of representatives from CBRE, including Grant Goldman, Mark Shaffer, Matt Harris, and Anthony DeLorenzo. The strategic location in the Santa Fe Springs submarket provides access to strong labor and consumer demographics, making it an attractive acquisition for investors seeking properties with strong in-place cash flow and potential for long-term asset appreciation.