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Partners Capital Sells Industrial Property In Compton To TA Realty For $24.75M

Property Image
SOLD
$24,750,000
Remington "Remy" Moses
Mark Blumenthal

California

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Industrial55,882 SF
Sold 07/14/2022
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Property Image
SOLD

Partners Capital Sells Industrial Property In Compton To TA Realty For $24.75M

510 West Carob Street, Compton, California 90220, United States

See Similar Deals
Industrial55,882 SF
Sold 07/14/2022
Remington "Remy" Moses
Mark Blumenthal
the dealplayerscompscontact
Contact now

Summary

CALIFORNIA
Asset Type:Industrial
Price Per Square Foot:$442
Total Square Footage:55,882 SF
Transaction Type:Sale

The industrial property located at 510 W. Carob St. in Compton has been sold for a total of $24,750,000. The property spans a total area of 55,882 square feet, resulting in a price per square foot of $442.

Summary of transation details

  • Property Type: Industrial
  • Transaction Amount: $24,750,000
  • Date: 07/14/2022
  • Market: Compton

The buyer of the property is TA Realty, while the seller is Partners Capital, represented by Mark Blumenthal. Remy Moses, from Lee & Associates, served as the buyer's representative in the deal.

Partners Capital notes that this property marked their first industrial acquisition in 2016. Since then, they have worked with Mark Blumenthal, Remy Moses, and their respective teams on transactions totaling over $150MM. Partners Capital has since become a leading sub-institutional industrial investor, and Remy Moses has been recognized as a perennial Costar Power Broker.

Players

Remington "Remy" Moses
Remington Moses
7 deals$83.7M volume
BROKER
TA Realty
TA Realty
BUYER
Mark Blumenthal
Mark Blumenthal
12 deals$103.8M volume
SELLER
S3 Capital
S3 Capital
SELLER
S3 Capital
S3 Capital
LENDER

Details

SOLD
IMAGE: Remy Moses & Mark Blumenthal DATE: 07/14/2022 ADDRESS: 510 W. Carob St. MARKET: Compton ASSET TYPE: Industrial BUYER: TA Realty SELLER: Partners Capital - Mark Blumenthal (@IShowMyPics) BUYER’S REP: Remy Moses (@RemingtonMoses) - Lee & Associates (@Leenaplesfortmyers) SALE PRICE: $24,750,000 SF: 55,882 ~ PPSF: $442 NOTE FROM Partners Capital: This Property represented the 1st industrial acquisition by Partners Capital back in 2016. Subsequently thereafter; Mark, Remy, & their respective teams have connected for more than $150MM in total transaction consideration. Since then, Partners Capital has grown to be one of the most prolific sub-institutional industrial investors & Remy Moses a perennial Costar Power Broker.

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