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Swordfish Airway Property Acquires Industrial Property In Gardena For $3.9M

Property Image
SOLD
$3,900,000

California

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Industrial15,000 SF
Sold 06/29/2020
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Property Image
SOLD

Swordfish Airway Property Acquires Industrial Property In Gardena For $3.9M

510 East Airline Way, Gardena, CA 90248, USA

See Similar Deals
Industrial15,000 SF
Sold 06/29/2020
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Summary

CALIFORNIA
Asset Type:Industrial
Price Per Square Foot:$260
Total Square Footage:15,000 SF
Transaction Type:Sale

An industrial property located at 510 E Airline Way in Gardena has been sold. The property, spanning 15,000 square feet, was sold for a price of $3,900,000, resulting in a price per square foot of $260. The transaction took place on June 29, 2021.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: $3,900,000
  • Address: 510 E Airline Way
  • Market: Gardena

The buyer of the property is Swordfish Airway Property, while the seller is Partners Capital Inc., represented by Mark Blumenthal. The deal was facilitated by brokers Remy Moses and Andy Gage.

Players

Andrew (Andy) Gage
5 deals$42M volume
BROKER

Remington "Remy" Moses
7 deals$83.7M volume
BROKER

Mark Blumenthal
12 deals$103.8M volume
SELLER

Details

SOLD
IMAGE: Remy Moses, Andy Gage & Mark Blumenthal DATE: 06/29/2021 ADDRESS: 510 E Airline Way MARKET: Gardena ASSET TYPE: Industrial BUYER: Swordfish Airway Property SELLER: Partners Capital Inc. - Mark Blumenthal BROKERS: Remy Moses & Andy Gage SALE PRICE: $3,900,000 SF: 15,000 ~ PPSF: $260

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Deal Type
Operating Income
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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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