Prologis Acquires Industrial Asset In South Bay For $147.9M

An industrial property located at 1452 West Knox Street in the South Bay market has been sold in a recent transaction. The property spans a total area of 441,704 square feet and was purchased by Prologis from Sunrider International. The sale price for this transaction amounted to $147,970,840, resulting in a price per square foot of $335.

Summary of transaction details

• Property Type: Industrial
• Transaction Amount: $147,970,840
• Square Footage: 441,704
• Address: 1452 West Knox Street
• Market: South Bay

Jake Poxon from Lee & Associates and Ryan Bos from KBC Advisors served as the brokers in this deal. They facilitated the transaction between the buyer, Prologis, and the seller, Sunrider International.