EverWest Real Estate Investors Acquires Industrial Property In City Of Industry For $38.5M

17708 Rowland Street, City of Industry, CA, USA

$38,500,000

$211/SF

Building Size

182,000 SF

Asset Type

Industrial

Closing

Dec 30, 2019

AI

Newegg Inc. has recently sold an industrial property in the City of Industry for a whopping $38,500,000. The property, located at 17708 Rowland St, spans across 182,000 square feet of space. This translates to a price per square foot of $211, underscoring the value of the asset.

Summary of transaction details

Property Type: Industrial
Transaction Amount: $38,500,000
Date: 12/31/2019
Market: City of Industry

The buyer, EverWest Real Estate Investors, was represented by Erik Good in this deal. On the other hand, the seller, Newegg Inc., enlisted the services of Ryan Sitov, Mark Detmer, and Bo Mills from JLL as their brokers. Together, they facilitated the successful completion of this significant transaction in the industrial property market.

Players