First Industrial Realty Trust Acquires Industrial Property In Rancho Dominguez For $14.3M

First Industrial Realty Trust has acquired an industrial property in Rancho Dominguez. The property, located at 19400 and 19302 S Laurel Park Road, spans 85,000 square feet. The transaction was closed on June 1, 2020, for a total price of $14,300,000, resulting in a price per square foot of $168.

Summary of Transaction Details

• Property Type: Industrial
• Transaction Amount: $14,300,000
• Square Footage: 85,000
• Price per Square Foot: $168
• Address: 19400, 19302 S Laurel Park Road
• Market: Rancho Dominguez

The buyer, First Industrial Realty Trust, successfully completed the acquisition of the industrial property. The deal was facilitated by the brokerage team at DAUM, represented by Natalie Lara, Jordan Lara, and Andrew Lara.