SOLD
DigitalBridge Acquires Industrial Property In Riverside For $17.2M
1550 marlborough avenue
Industrial
40,000 SF
40,000 SF
Sold 1 year ago
Summary
Sale
CALIFORNIA
Industrial
40,000 sqft
The industrial property located at 1550 Marlborough Avenue in Riverside has been sold for a price of $17,200,000. The property spans 40,000 square feet, resulting in a price per square foot of $430. The transaction was completed between buyer DigitalBridge and seller Orum Capital.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $17,200,000
- Square Feet: 40,000
- Price per Square Foot: $430
- Address: 1550 Marlborough Avenue
- Market: Riverside
The buyer was represented by Mike Condon Jr. and Kylie Rawn of Cushman & Wakefield. On the other hand, Connor Martin and Erica Finck, also from Cushman & Wakefield, represented the seller in the deal.
Players
All
5
Agents
4
Agencies
1
Details
SOLD
IMAGE: Mike Condon Jr., Kylie Rawn, Connor Martin & Erica Finck
DATE: 02/03/2023
ADDRESS: 1550 Marlborough Avenue
MARKET: Riverside
ASSET TYPE: Industrial
BUYER: DigitalBridge
SELLER: Orum Capital
BUYER'S REP: Mike Condon Jr. (@Mikecondonsation) & Kylie Rawn (@Kylierawn) - Cushman & Wakefield (@CushWake)
SELLER'S REP: Connor Martin (@Chmartin88) & Erica Finck (@Airwrecka126) - Cushman & Wakefield
SALE PRICE: $17,200,000
SF: 40,000 ~ PPSF: $430
&WakefieldView on map
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Address1550 marlborough avenue
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