The industrial warehouse located at 15401 South Figueroa Street in Gardena, California, was sold for $10,225,000. This 38,584 square foot property is strategically situated with easy access to major freeways such as the 405, 91, and 105, making it a prime location for businesses. The warehouse features well-designed office spaces and upgraded HVAC systems to ensure comfort and productivity.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $10,225,000
• Market: Gardena
• Seller: Howard Schwimmer - Rexford Industrial Realty

NAI Capital Commercial's EVP Dave Maron from NAI Capital represented the seller, Rexford Industrial Realty, in the sale of the industrial warehouse. The property's strategic location within the South Bay industrial hub was emphasized, noting the high demand from owner/users for quality industrial real estate due to the scarcity of such properties in the submarket.