SOLD
Link Logistics & Western RealCo Acquires Industrial Property In Corona For $61.7M
1375 Magnolia Avenue
Industrial
157,421 SF
157,421 SF
Sold 1 year ago
Summary
Sale
CALIFORNIA
Industrial
157,421 sqft
A 16.5-acre industrial property located at 1375 Magnolia Ave in Corona has been sold for $61,700,000. The property spans 157,421 square feet, resulting in a price per square foot of $391. The sale was facilitated by Jeff Chiate, Mike Adey, and Brad Brandenburg from Cushman & Wakefield on behalf of the seller, McWane Inc. The buyers, Link Logistics and Western RealCo, acquired the property.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $61,700,000
- Address: 1375 Magnolia Ave.
- Market: Corona
- Acres: 16.5
Jeff Chiate, Mike Adey, and Brad Brandenburg, representing Cushman & Wakefield, played a crucial role in facilitating the transaction between the buyer, Link Logistics and Western RealCo, and the seller, McWane Inc.
Players
All
4
Agents
3
Agencies
1
Details
SOLD
IMAGE: Jeff Chiate, Mike Adey & Brad Brandenburg
DATE: 01/21/2022
ADDRESS: 1375 Magnolia Ave.
MARKET: Corona
ASSET TYPE: Industrial ~ ACRES: 16.5
BUYER: Link Logistics & Western RealCo
SELLER: McWane Inc.
BROKERS: Jeff Chiate, Mike Adey & Brad Brandenburg - Cushman & Wakefield
SALE PRICE: $61,700,000
SF: 157,421 ~ PPSF: $391View on map
Loading...
Address1375 Magnolia Avenue
Comparables
Reset filters to show results.
Contact
Get in touch with the broker you want