Gerald Niznick Sells Industrial Property At 18421 Railroad Street For $21.2M With Ally Commercial Real Estate

The property involved in this transaction is an industrial asset located at 18421 Railroad Street in the City of Industry. The sale price of the property was $21,200,000, encompassing a total area of 106,506 square feet, which equates to a price per square foot of $199.

Ally Commercial Real Estate played a central role in facilitating this transaction, while also being the sole brokerage firm involved. The deal was structured as a 15-year sale-leaseback, enabling the Seller to unlock the value of their real estate while maintaining long-term operations from the property.