KKR Acquires Industrial Park In National City For $24.8M

Located in National City, the industrial park on 2011, 2013, 2010 Haffley Ave. and 940 West 19th St has been sold in a recent transaction. The property spans an area of 146,700 square feet and is characterized by its industrial usage. The transaction took place on January 11, 2019, and involved a sale price of $24,800,000. The price per square foot was $169. The seller of the property was Presidio Property Trust, while the buyer was KKR. The deal was facilitated by HFF, represented by Nick Psyllos, Nick Frasco, and Kara Mathis.

Summary of Transation Details

• Property Type: Industrial Park
• Transaction Amount: $24,800,000
• Square Footage: 146,700
• Price per Square Foot: $169
• Date: 01/11/2019
• Address: 2011, 2013, 2010 Haffley Ave. and 940 West 19th St
• Market: National City
• Buyer: KKR
• Seller: Presidio Property Trust
• Brokers: HFF - Nick Psyllos, Nick Frasco, and Kara Mathis

The sale of this industrial park marks a significant transaction in the National City market. The involvement of well-known companies such as KKR as the buyer and Presidio Property Trust as the seller suggests the attractiveness of this property. HFF, represented by Nick Psyllos, Nick Frasco, and Kara Mathis, played a pivotal role in facilitating the deal, showcasing their expertise in the industrial real estate sector.