Weiss Properties Acquires 10-Building Multi-Tenant Industrial Portfolio In Irwindale, CA For $36.65M

A portfolio of ten multi-tenant industrial buildings in Irwindale, CA has been sold for a total of $36,650,000. The properties, located at 12901, 12921, 12941, 12961, 12981, 13001, 13101, 13105, 13139, and 13177 Ramona Boulevard, offer a combined space of 139,827 square feet. With an average price per square foot of $262, this transaction represents a significant investment opportunity in the industrial market of Irwindale.

Summary of transaction details

• Property Type: Industrial (10-Building Multi-Tenant)
• Transaction Amount: $36,650,000
• Address: 12901, 12921, 12941, 12961, 12981, 13001, 13101, 13105, 13139, and 13177 Ramona Boulevard
• Market: Irwindale, CA
• Square Footage: 139,827
• Price Per Square Foot: $262

The buyer of the portfolio is Weiss Properties, while the seller is BKM Capital Partners. Mark Detmer and Matt McRoskey from JLL represented both parties in this transaction, acting as the brokers. Their expertise and negotiation skills played a crucial role in closing the deal successfully.