Ross Mitchell Of Dunbar Real Estate Investment Management Purchases Industrial Park In Irwindale For $10M

A three-building industrial park was sold at 1400-1430 East Arrow Highway in Irwindale. The property encompasses 51,487 square feet and was sold for $10,000,000, resulting in a price per square foot of $194. At the time of sale, the property was 56% occupied.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $10,000,000
• Buyer: Ross Mitchell - Dunbar Real Estate Investment Management
• Seller: DJ CRT LLC
• Broker: Michael Hefner - Voit Real Estate Services

The transaction was managed by broker Michael Hefner, who represented both the buyer and seller in this deal. The industrial park contained a total of 16 units, providing a multifaceted investment opportunity in the Irwindale market.