Nuveen Real Estate Acquires Industrial Property In La Mirada For $151.2M

The industrial property located at 14001-14007 & 14041-14051 Rosecrans Ave in La Mirada, CA has been sold. The property spans across 14.4 acres and falls under the industrial asset type category. The sale took place on October 18, 2022.

Summary of transaction details

• Property Type: Industrial
• Transaction Amount: $151,200,000
• Square Footage: 337,125
• Price per Square Foot: $448
• Address: 14001-14007 & 14041-14051 Rosecrans Ave, La Mirada, CA
• Market: La Mirada, CA

The buyer for this transaction was Nuveen Real Estate, while the seller was Clarion Partners. Cushman & Wakefield served as the brokerage team, with Jeff Chiate, Jeff Cole, Rick Ellison, Mike Adey, Brad Brandenburg, and Matt Leupold representing the parties involved.