Jeremy Mape Of Western RealCo Acquires 12.14 Acre Industrial Site In Anaheim For $40.7M
600 East Vermont Avenue
$40,700,000
Building Size
—
Asset Type
Industrial
Closing
Apr 3, 2026
AI
A 12.14-acre industrial site located at 600 East Vermont Ave in Anaheim has been sold for $40.7 million. The site is intended for the construction of a 256,046-square-foot Class A industrial facility, which is expected to be completed in late 2027. This development will include features such as a 36-foot clear height, 39 dock doors, and ESFR sprinklers, catering to logistics, manufacturing, food processing, and temperature-controlled users.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $40,700,000
- Address: 600 East Vermont Ave
- Market: Anaheim
- Acres: 12.14
- Buyer: Jeremy Mape - Western RealCo
- Seller: Laura Clark - Rexford Industrial
- Brokers: Zach Niles, Louis Tomaselli, Steve Wagner - JLL
The transaction features key figures including Jeremy Mape representing Western RealCo as the buyer and Laura Clark from Rexford Industrial as the seller. JLL, comprising brokers Zach Niles, Louis Tomaselli, and Steve Wagner, facilitated the sale and has been retained to market the new facility for lease or sale upon its completion.
Players
Anaheim 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
0.39%
Cash-on-Cash
-0.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93