Ross Mitchell Acquires Santa Fe Springs Industrial Property For $12.04M

An off-market sale of a 17-unit multi-tenant industrial property was recently completed in Santa Fe Springs, located at 13536-13564 Imperial Hwy. This property is situated in the Mid Counties market and spans across a total area of 64,329 square feet. The property was sold for a total price of $12,043,000, resulting in a price per square foot of $187. Ross Mitchell acted as the buyer in this transaction, while Sherie Maddox served as the seller.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $12,043,000
• Address: 13536-13564 Imperial Hwy., Santa Fe Springs
• Market: Mid Counties

This off-market transaction was facilitated by Christopher J. Destino and Phillip DeRousse from Lee & Associates. Both representatives from Lee & Associates' Orange, CA office played a crucial role in representing both the buyer and the seller in this deal.

Note: The participation of Phillip DeRousse and Christopher Destino, SIOR, as the brokers from Lee & Associates, was instrumental in successfully completing this transaction.