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Partners Capital Inc. Acquires Norwalk Industrial Property For $16M

Property Image
SOLD
$16,000,000
Lars Platt
Ryan Adjnasian
+ 1

California

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Industrial75,059 SF
Sold 08/17/2022
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Property Image
SOLD

Partners Capital Inc. Acquires Norwalk Industrial Property For $16M

13900 Shoemaker Avenue, Norwalk, California 90650, United States

See Similar Deals
Industrial75,059 SF
Sold 08/17/2022
Lars Platt
Ryan Adjnasian
+ 1
Contact now

Summary

CALIFORNIA
Asset Type:Industrial
Price Per Square Foot:$213
Total Square Footage:75,059 SF
Transaction Type:Sale

The industrial property located at 13900 Shoemaker Avenue, 13020, 13035, 13045, 13055, & 13065 Tom White Way in Norwalk has been sold. The transaction was finalized on August 17, 2022, with Cheryl Simpson as the seller. Partners Capital Inc., represented by Ryan Adjnasian & Mark Blumenthal, acquired the property for a total sale price of $16,000,000. The property spans a total area of 75,059 square feet, resulting in a price per square foot of $213.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: $16,000,000
  • Address: 13900 Shoemaker Avenue, 13020, 13035, 13045, 13055, & 13065 Tom White Way, Norwalk
  • Buyer: Partners Capital Inc. - Ryan Adjnasian & Mark Blumenthal
  • Seller: Cheryl Simpson
  • Brokers: Lars Platt & Don Yahn - Cushman & Wakefield
  • Square Footage: 75,059
  • Price per Square Foot: $213

Lars Platt and Don Yahn from Cushman & Wakefield acted as the brokers in this transaction, representing the buyer, Partners Capital Inc. The deal highlights the active involvement of Ryan Adjnasian and Mark Blumenthal from Partners Capital Inc. as the buyers' representatives. This sale represents a significant step in the industrial property market in Norwalk.

Players

Lars Platt
4 deals$265.8M volume
BROKER

Don Yahn
Cushman & Wakefield
4 deals$51M volume
BROKER

Ryan Adjnasian
10 deals$75.1M volume
BUYER

Mark Blumenthal
12 deals$103.8M volume
BUYER

Details

SOLD
IMAGE: Ryan Adjnasian & Mark Blumenthal DATE: 08/17/2022 ADDRESS: 13900 Shoemaker Avenue, 13020, 13035, 13045, 13055, & 13065 Tom White Way MARKET: Norwalk ASSET TYPE: Industrial BUYER: Partners Capital Inc. - Ryan Adjnasian (@RyanAdj) & Mark Blumenthal (@IShowMyPics) SELLER: Cheryl Simpson BROKERS: Lars Platt & Don Yahn - Cushman & Wakefield (@CushWake) SALE PRICE: $16,000,000 SF: 75,059 ~ PPSF: $213

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