Covington Group Acquires Industrial Property In Santa Clarita For $109.7M | 25530-25765 Springbrook Avenue | Doug Sonderegger, Craig Peters | Industrial | Sale

Summary

Sale

CALIFORNIA

Industrial

1,000,000 sqft

The industrial property located at 25530-25765 Springbrook Avenue in Santa Clarita has been sold. The property spans an area of 69.5 acres. The transaction took place on December 22, 2021.

Summary of transaction details:

Property Type: Industrial
Sale Price: $109,700,000
Square Footage: 1,000,000
Price per Square Foot: $109
Address: 25530-25765 Springbrook Avenue, Santa Clarita
Market: Santa Clarita

The buyer of the property is Covington Group, represented by Ken Sheer. TMC Properties acted as the seller in this transaction. The deal was facilitated by Craig Peters and Doug Sonderegger of CBRE.

Players

All
3

Agents
2
Agencies
1

Doug Sonderegger

Executive Vice President

$109.7M Sold

Craig Peters

Executive Vice President

$173.8M Sold

CBRE

Details

Deal Summary

SOLD

IMAGE: Craig Peters & Doug Sonderegger DATE: 12/22/2021 ADDRESS: 25530-25765 Springbrook Avenue MARKET: Santa Clarita ASSET TYPE: Industrial ~ ACRES: 69.5 BUYER: Covington Group - Ken Sheer SELLER: TMC Properties BROKERS: Craig Peters & Doug Sonderegger - CBRE SALE PRICE: $109,700,000 SF: 1,000,000 ~ PPSF: $109

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Address25530-25765 Springbrook Avenue

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