Updated Dec 14, 2024
Hackman Capital Partners & Square Mile Capital Management Acquire Studio City Industrial Property For $1.85B
4024 Radford Ave, Studio City, CA, USA
$1,850,000,000
$1,850/SF
Building Size
1,000,000 SF
Asset Type
Industrial
Closing
Nov 30, 2021
About this deal
AI
The industrial property located at 4024 Radford Ave in Studio City has been sold.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $1,850,000,000
- Transaction Date: 11/30/2021
- Market: Studio City
- Acres: 55
The buyers of the property are Hackman Capital Partners and Square Mile Capital Management.
The sellers of the property are ViacomCBS - Naveen Chopra.
The property was sold for a price of $1,850,000,000. It has a total square footage of 1,000,000, resulting in a price per square foot of $1,850.
Players
Los Angeles Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
Loading comparables…
Deal FAQ
Visit Naveen Chopra to view all their deals.
Browse Los Angeles industrial sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.01%
Cash-on-Cash
-0.00%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93