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401 E Gardena Blvd.,

Partners Capital Inc Acquires Industrial Property In Gardena, CA With Buyer's Rep Ryan Adjnasian, Mark Blumenthal & Dominic Perlman
SOLDIndustrial

Partners Capital Inc Acquires Industrial Property In Gardena, CA With Buyer's Rep Ryan Adjnasian, Mark Blumenthal & Dominic Perlman

401 E Gardena Blvd.,

$8,500,000

$222/SF

Building Size

38,152 SF

Asset Type

Industrial

Closing

Apr 28, 2023

AI

The industrial property located at 401-409 E Gardena Blvd in Gardena, CA has been sold in a recent transaction. The property spans a total area of 38,152 square feet and was sold at a price of $8,500,000, resulting in a price per square foot of $223.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $8,500,000
  • Square Footage: 38,152
  • Address: 401-409 E Gardena Blvd, Gardena, CA
  • Market: Gardena, CA

The buyer in this transaction is Partners Capital Inc, represented by Ryan Adjnasian, Mark Blumenthal, and Dominic Perlman. Bob Barth served as the seller. The brokerage services were provided by Scott Schumacher of Newmark.

Players

Scott Schumacher

Newmark

Broker

$665.2M

vol

15 deals

Broker
Ryan Adjnasian

Ryan Adjnasian

Partners Capital Inc.

Buyer

$75.1M

vol

10 deals

Buyer

Carson 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

1.87%

Cash-on-Cash

-0.53%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93