Salvation Army Acquires 50,000 SF Industrial Building In Carson For $13M

The property at 16941 Keegan Ave in Carson, CA, 90746 is an industrial asset, comprising a 50,000-square-foot R&D and flex office building. The vacant property was built in 1972 and underwent renovations in 2012. The sale of this property was facilitated by Tony Naples from Lee & Associates, with The Salvation Army as the buyer, acquiring it from the seller, Lee & Associates, for $13,000,000.00.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $13,000,000.00
• Market: Carson
• Seller's Representative: Tony Naples (Lee & Associates)
• Buyer: The Salvation Army
• SF: 50,000

NAI Capital's Ryan Campbell, in collaboration with Tony Naples from Lee & Associates, represented the seller, Lee & Associates, in this commercial real estate transaction. The property, which was originally built nearly five decades ago, found a new owner in The Salvation Army, adding a significant asset to their portfolio in Carson. The involvement of these distinct key individuals and firms showcases the seamless execution of this notable acquisition.