Staley Point Capital Acquires Industrial Property In Commerce For $12.95M

Located at 2425 Saybrook in Commerce, this industrial property was recently sold. The transaction took place on December 17, 2021, with a sale price of $12,950,000. The property spans 42,000 square feet, resulting in a price per square foot of $308. The buyer in this transaction was Staley Point Capital, represented by Eric Staley. The sale was facilitated by JLL, who acted as the broker.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $12,950,000
• Square Footage: 42,000
• Price Per Square Foot: $308

Eric Staley represented Staley Point Capital as the buyer in this industrial property transaction. JLL played a crucial role as the broker, facilitating the sale.