Updated May 19, 2026
Holland Flower Market Acquires 91,010 Square Foot Industrial Building In Los Angeles For $34.1M
5555 East Slauson Avenue
$34,100,000
$374/SF
Building Size
91,010 SF
Asset Type
Industrial
Closing
May 14, 2026
About this deal
AI
The sale involved an industrial property consisting of a two-story building located at 5555 East Slauson Avenue in Los Angeles, CA. This asset spans a total of 91,010 square feet and was sold for a price of $34,100,000, equating to $375 per square foot.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $34,100,000
- Address: 5555 East Slauson Avenue
- Market: Los Angeles, CA
- Square Footage: 91,010
- Price per Square Foot: $375
- Buyer: Jaap Haverkate
- Representing Company: Holland Flower Market
Holland Flower Market acquired the property as its new headquarters, a move that allows the company to expand its operations and centralize its industrial activities at this location.
Commerce 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
0.47%
Cash-on-Cash
-0.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93