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600 East Vermont Avenue

Jeremy Mape Of Western RealCo Acquires 12.14 Acre Industrial Site In Anaheim For $40.7M
SOLDIndustrial

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:

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

Zach Niles

JLL

Broker

$58.1M

vol

2 deals

Broker

Jeremy Mape

Western RealCo

Buyer

$40.7M

vol

1 deal

Buyer
Laura Clark

Laura Clark

Rexford Industrial

Seller

$143.9M

vol

6 deals

Seller

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