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2929 East Imperial Highway

Updated Jun 16, 2025

Xiaohu Du Of JIAHERB Acquires Industrial Facility From Jon Martin Of AEW Capital Management For $53.7M
SOLDIndustrial

Xiaohu Du Of JIAHERB Acquires Industrial Facility From Jon Martin Of AEW Capital Management For $53.7M

2929 East Imperial Highway

$53,700,000

$410/SF

Building Size

130,925 SF

Asset Type

Industrial

Closing

Jun 13, 2025

About this deal

AI

A 130,925 SF Class A industrial facility located at 2929 East Imperial Highway, Brea, CA was sold for $53.7 million. The industrial asset spans 6 acres and features 11 dock-high doors and 32-foot clear heights, providing logistical advantages with its proximity to Highway 90. The property was completed in 2023 and is now owned by JIAHERB, which specializes in botanical extracts.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $53,700,000
  • Buyer: Xiaohu Du - JIAHERB
  • Seller: Jon Martin - AEW Capital Management
  • Square Footage: 130,925 SF
  • Price Per Square Foot: $410
  • Acres: 6

The transaction was facilitated between Xiaohu Du, representing JIAHERB, and Jon Martin, representing AEW Capital Management. This sale reflects a strategic acquisition for JIAHERB, considering their operational needs and the facility's advantageous features.

On the Map

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$53,700,000

$410/SF

Industrial

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Players

Jon Martin

AEW Capital Management

Seller

$275.7M

vol

4 deals

Seller
AEW Capital Management
AEW Capital ManagementSeller
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Brea Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

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Deal FAQ

About $410 per square foot on a published $53.7M for 130,925 square feet (2025).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.30%

Cash-on-Cash

-0.08%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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