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Luke J. Petherbridge Of Link Logistics Acquires Industrial Asset In City Of Industry For $65.2M

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SOLD
$65,200,000

California

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Industrial200,000 SF
Sold 05/23/2025
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SOLD

Luke J. Petherbridge Of Link Logistics Acquires Industrial Asset In City Of Industry For $65.2M

18045 Rowland Street

See Similar Deals
Industrial200,000 SF
Sold 05/23/2025
the dealplayerscompscontact
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Summary

CALIFORNIA
Asset Type:Industrial
Price Per Square Foot:$326
Total Square Footage:200,000 SF
Transaction Type:Sale

The transaction involved a 200,000 SF industrial building located at 18045 Rowland Street in the City of Industry. The sale price for the property was $65,200,000, translating to a price per square foot of $326.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $65,200,000
  • Buyer: Luke J. Petherbridge - Link Logistics
  • Seller: MSI Computers Corp.
  • Broker: CBRE
  • Lender: CTBC Bank
  • Loan Amount: $36,000,000
  • Investment for Expansion: $33,000,000

MSI Computers Corp. acquired the property from Blackstone’s Link Logistics to expand its U.S. production lines, with plans to invest significantly in the site located near its headquarters.

Players

Luke J. Petherbridge
Luke J. Petherbridge
20 deals$1.6B volume
SELLER
CTBC Bank
CTBC Bank
LENDER

Details

SOLD
IMAGE: Luke J. Petherbridge DATE: 05/23/2025 ADDRESS: 18045 Rowland Street MARKET: City of Industry ASSET TYPE: Industrial BUYER: Luke J. Petherbridge - Link Logistics (@LinkLogisticsre) SELLER: MSI Computers Corp. BROKER: CBRE (@CBRE) LENDER: CTBC Bank SALE PRICE: $65,200,000 SF: 200,000 ~ PPSF: $326 NOTE: MSI Computers Corp. acquired a 200,000 SF industrial building in City of Industry from Blackstone’s Link Logistics for $65.2M, with CBRE brokering the deal and CTBC Bank providing a $36M acquisition loan. The Taiwan-based firm plans to invest $33M to expand its U.S. production lines at the site, located near its HQ.

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Debt Service Coverage Ratio (DSCR)

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