Staley Point Capital And Bain Capital Real Estate Acquires Industrial Property In City Of Industry For $22M

Located at 18689 Arenth Ave. in the City of Industry, this industrial property was recently sold for a price of $22,000,000. Spanning across a total area of 97,000 square feet, the property was valued at approximately $227 per square foot. The transaction took place on January 13, 2022.

Summary of transaction details

• Property Type: Industrial
• Transaction Amount: $22,000,000
• Square Footage: 97,000 SF
• Price per Square Foot: $227
• Address: 18689 Arenth Ave., City of Industry
• Market: City of Industry

The buyer in this transaction was Staley Point Capital, represented by Eric Staley and Bain Capital Real Estate. The sale was facilitated by the broker JLL.