Birtcher Anderson & Davis And Belay Investment Group Sell Foothill Business Park For $7.43M

The industrial asset located at 16000-16016 Foothill Boulevard in Irwindale has been sold for $7,425,000. The property encompasses 30,907 square feet, resulting in a price per square foot of $240. This fully leased property is part of a portfolio transaction involving Southern California industrial assets.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $7,425,000
• Address: 16000-16016 Foothill Boulevard
• Market: Irwindale
• Square Footage: 30,907
• Price per Square Foot: $240
• Seller: Arthur B. Birtcher, Robert M. Anderson, and Daniel Karcher - Birtcher Anderson & Davis Associates; Eliza Bailey and Amy Ko - Belay Investment Group
• Buyer's Representative: Dunbar Real Estate
• Seller's Representatives: Anthony DeLorenzo, Barbara Perrier, and Mark Shaffer - CBRE

The transaction marks the culmination of the Southern California industrial portfolio of Birtcher Anderson & Davis and Belay Investment Group. CBRE facilitated the sale through its representatives, ensuring a successful closure with a private investor represented by Dunbar Real Estate acting on behalf of the buyer.