Partners Capital Inc. Acquires Industrial Property In Gardena For $10.8M
128 West Gardena Boulevard, Gardena, California 90248, United States
$10,825,000
$188/SF
Building Size
57,555 SF
Asset Type
Industrial
Closing
Feb 24, 2022
AI
Partners Capital Inc. has acquired an industrial property located at 128-144 W. Gardena Blvd. in Gardena. The property spans 57,555 square feet and was sold for a total price of $10,825,000, resulting in a price per square foot of $188. The transaction took place on February 25, 2022.
Summary of transation details
- Property Type: Industrial
- Transaction Amount: $10,825,000
- Address: 128-144 W. Gardena Blvd.
- Market: Gardena
Partners Capital Inc. was represented by Ryan Adjnasian and Mark Blumenthal, while the seller, Richard Williams, was represented by Steve Bohannon of Cushman & Wakefield. Andy Gage, Remy Moses, and David Bales from Lee & Associates served as the buyer's representatives in the deal.
Players
Gardena 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
1.47%
Cash-on-Cash
-0.42%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93