J.F Shea Company Acquires Industrial Property In City Of Industry For $17.9M

The industrial property located at 3951 Capitol Avenue in City of Industry has been sold. The transaction was completed on 12/15/2022. The property, owned by the seller ITT Goulds Pumps, was purchased by the buyer J.F Shea Company, represented by John Francis Shea.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $17,900,000
• Square Footage: 136,500
• Price per Square Foot: $132
• Lot Size: 287,000 square feet
• Price per Lot Size: $62 per square foot

The J.F Shea Company, led by John Francis Shea, acquired the property from ITT Goulds Pumps. The transaction price for the property was $17,900,000, with a total square footage of 136,500 square feet. The price per square foot was $132. The lot size is 287,000 square feet, with a price per lot size of $62 per square foot.