IDS Real Estate Group Acquires Industrial Property In Walnut For $108.6M With Vogel Properties As Seller And JLL As The Broker

376 S. Lemon Ave in Walnut has been sold in an industrial property transaction. The property, measuring 330,946 square feet, was sold by Vogel Properties. The buying party, IDS Real Estate Group represented by Murad Siam and David G. Mgrublian, acquired the property for a total sale price of $108,600,000. The transaction was facilitated by JLL.

Summary of transaction details

• Property Type: Industrial
• Transaction Amount: $108,600,000
• Address: 376 S. Lemon Ave, Walnut
• Market: Walnut
• Buyer: IDS Real Estate Group - Murad Siam & David G. Mgrublian
• Seller: Vogel Properties
• Broker: JLL

Murad Siam and David G. Mgrublian represented IDS Real Estate Group in this transaction. They played a key role in ensuring the successful completion of this industrial property sale in Walnut.