Updated Dec 2, 2024
Rexford Industrial Realty Acquires Industrial Property In Torrance For $75M
4240 West 190th Street, Torrance, California 90504, United States
$75,000,000
$243/SF
Building Size
307,487 SF
Asset Type
Industrial
Closing
Jan 23, 2022
About this deal
AI
The industrial property located at 4240 West 190th Street in Torrance has been sold for a price of $75,000,000. The property spans across 307,487 square feet, resulting in a price per square foot of $245. The transaction took place on January 18, 2022.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $75,000,000
- Address: 4240 West 190th Street, Torrance
- Market: Torrance
Rexford Industrial Realty, represented by Michael Frankel and Howard Schwimmer, acquired the property from Z/A Torrance Associates. The deal was facilitated by the broker Newmark.
Players
Torrance Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
Loading comparables…
Deal FAQ
Visit Howard Schwimmer to view all their deals.
Browse California industrial sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.21%
Cash-on-Cash
-0.06%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93