Updated Dec 4, 2024
Rexford Industrial Realty Acquires Industrial Properties In City Of Industry & Sun Valley For $34.4M
218 Turnbull Canyon Road, City of Industry, CA, USA
$34,400,000
$87/SF
Building Size
392,040 SF
Asset Type
Industrial
Closing
Jun 2, 2019
About this deal
AI
The industrial property located at 218 S. Turnbull Canyon Rd in the City of Industry and 9750 San Fernando Rd in Sun Valley has been sold for a total price of $34,400,000. The property spans a total area of 392,040 square feet, resulting in a price per square foot of $87. The transaction took place on June 3, 2019.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $34,400,000
- Address: 218 S. Turnbull Canyon Rd & 9750 San Fernando Rd
- Market: City of Industry & Sun Valley
The buyer of the property is Rexford Industrial Realty Inc., while the seller is Clarion Partners. Howard Schwimmer and Michael Frankel were the representatives from Rexford Industrial Realty Inc., and the deal was facilitated by their respective agency. This transaction marks a significant investment in the industrial real estate market in City of Industry and Sun Valley.
Players
El Monte Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
Loading comparables…
Deal FAQ
Visit Rexford Industrial to view all their deals.
Browse El Monte industrial sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.46%
Cash-on-Cash
-0.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93