Atlas Capital Acquires Industrial Asset In South Bay For $39.8M

Atlas Capital has acquired an industrial property in the South Bay market for a total of $39,800,000. The property, located at 19401 S. Vermont Ave., spans 94,113 square feet and has a price per square foot of $422. The sale was facilitated by Kevin Shannon, Scott Schumacher, Ken White, Bret Hardy, Jim Linn, Andrew Briner, John McMillan, and Danny Williams of Newmark, who acted as representatives for the seller, Harbor Gateway LLC.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $39,800,000
• Address: 19401 S. Vermont Ave.
• Market: South Bay
• Buyer: Atlas Capital
• Seller: Harbor Gateway LLC
• Seller's Rep: Kevin Shannon, Scott Schumacher, Ken White, Bret Hardy, Jim Linn, Andrew Briner, John McMillan, and Danny Williams - Newmark
• Square Footage: 94,113
• Price per Square Foot: $422

This transaction showcases the successful collaboration between Atlas Capital and Harbor Gateway LLC in the acquisition and sale of the industrial property. The presence of Kevin Shannon, Scott Schumacher, Ken White, Bret Hardy, Jim Linn, Andrew Briner, John McMillan, and Danny Williams as representatives for Harbor Gateway LLC played a crucial role in facilitating the deal.