Graceada Partners Acquires Industrial Property In Madera From WHSE Partners For $16.75M

The industrial property is located at 325 South Schnoor Street in Madera, with a sale price of $16,750,000. The asset encompasses 144,300 square feet, translating to a price per square foot of $116.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $16,750,000
• Buyer: Graceada Partners
• Seller: WHSE Partners
• Brokers: Justin Smith, Grant LaBounty, Chris Vassilian, Chad Brock, Eric Powers, and Eric Puskarich - Lee & Associates

WHSE Partners also has two additional land sites that are suited for small bay or self-storage projects. One site is adjacent to the property on South Schnoor Street, and the other is a 140,000 square foot shovel-ready project that is entitlement-ready with permits in place and currently in the capital-raising phase.