SOLD
Southwest Traders Acquires Cold Storage Facility In Fresno For $8.5M
2539 East Woodward Avenue
Industrial
52,500 SF
52,500 SF
Sold 288 days ago
Summary
Sale
CALIFORNIA
Industrial
52,500 sqft
A cold storage facility in Fresno, California, has been sold for $8.5 million. The property, located at 2539 East Woodward Avenue, spans 52,500 square feet on a 1.21-acre lot. This industrial asset will now serve as the distribution hub for Southwest Traders, a supply chain solutions provider. The purchase of this property will enable Southwest Traders to meet the strong demand for cold storage logistics in the region.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $8,500,000
- Address: 2539 East Woodward Avenue, Fresno, California
- Market: Fresno
- Square Footage: 52,500
- Acres: 1.21
The buyer in this transaction is Southwest Traders, a company specializing in supply chain solutions. On the seller's side is the Mandich Group, who successfully closed the deal with the assistance of CBRE brokers Mark Shaffer, Anthony DeLorenzo, Gerard Poutier, and Bryan Johnson.
Players
All
5
Agents
4
Agencies
1
Details
SOLD
IMAGE: Mark Shaffer, Bryan Johnson, Anthony DeLorenzo & Gerard Poutier
DATE: 07/19/2023
ADDRESS: 2539 East Woodward Avenue
MARKET: Fresno
ASSET TYPE: Industrial ~ ACRES: 1.21
BUYER: Southwest Traders
SELLER: Mandich Group (@MandichGroup)
BROKERS: Mark Shaffer, Anthony DeLorenzo, Gerard Poutier & Bryan Johnson - CBRE (@CBRE)
SALE PRICE: $8,500,000
SF: 52,500 ~ PPSF: $162
NOTE: Supply chain solutions provider Southwest Traders has purchased a cold storage facility in Fresno, California, for $8.5 million. The 52,500 square-foot property will serve as their distribution hub, meeting the strong demand for cold storage logistics in the region.View on map
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Address2539 East Woodward Avenue
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