Updated Oct 28, 2024
Terreno Realty Corporation Acquires Industrial Property In Inglewood & Los Angeles For $27.2M
332 Hindry Avenue, Inglewood, California 90301, United States
$27,200,000
$461/SF
Building Size
59,000 SF
Asset Type
Industrial
Closing
May 25, 2022
About this deal
AI
The industrial property located at 332 Hindry Avenue & 8320-8400 Isis Avenue in Inglewood & Los Angeles has been sold. The property covers an area of 3.0 acres and features a total square footage of 59,000. The transaction took place on 05/26/2022.
Summary of transation details
- Property Type: Industrial
- Transaction Amount: $27,200,000
- Price per Square Foot: $461
- Buyer: Terreno Realty Corporation
The buyer in this transaction is Terreno Realty Corporation. They acquired the industrial property for a total sale price of $27,200,000. The price per square foot for this transaction was $461. The deal was facilitated by Blake Baird from an undisclosed agency.
Players
Inglewood Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.58%
Cash-on-Cash
-0.17%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93