Updated Sep 22, 2026
Terra Universal Inc Acquires Industrial Property From Rexford Industrial Realty For $50.22M In Fullerton
1500 South Raymond Avenue
$50,224,938
$368/SF
Building Size
136,218 SF
Asset Type
Industrial
Closing
Sep 9, 2026
About this deal
AI
The industrial asset located at 1500 South Raymond Avenue in Fullerton has been sold for a transaction amount of $50,224,938. This property encompasses a total area of 136,218 square feet, with a price per square foot of $368.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $50,224,938
- Buyer: Terra Universal Inc
- Seller: Rexford Industrial Realty, Inc.
- Brokers: Randy Ellison, Kyle McGillen, Brett Lockwood, Andrew Ryan & Kevin Turner - Cushman & Wakefield
The transaction involved notable brokers from Cushman & Wakefield, including Randy Ellison, Kyle McGillen, Brett Lockwood, Andrew Ryan, and Kevin Turner, who represented the parties in this industrial real estate deal.
On the Map
$50,224,938
$368/SF
Industrial
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Players
Fullerton Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.32%
Cash-on-Cash
-0.09%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93