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6027 Bandini Boulevard, Com...

Rexford Industrial Realty Acquires Bandini Boulevard Industrial Property In Commerce For $91.5M
SOLDIndustrial

Rexford Industrial Realty Acquires Bandini Boulevard Industrial Property In Commerce For $91.5M

6027 Bandini Boulevard, Commerce, California 90040, United States

$91,500,000

$500/SF

Building Size

183,000 SF

Asset Type

Industrial

Closing

Aug 1, 2022

AI

The industrial property located at 6027 & 6000-6052 Bandini Boulevard in Commerce has been sold for a price of $91,500,000. The property covers a total area of 183,000 square feet, resulting in a price per square foot of $500.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $91,500,000
  • Address: 6027 & 6000-6052 Bandini Boulevard
  • Market: Commerce

The sale was facilitated by Zac Sakowski, Chad Solomon, and Brianna Demus from JLL Capital Markets, representing the buyer, Rexford Industrial Realty.

Players

Brianna Demus

JLL

Broker

$130.5M

vol

2 deals

Broker
Rexford Industrial
Rexford IndustrialBuyer

Market Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.17%

Cash-on-Cash

-0.05%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93