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
Market 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
0.17%
Cash-on-Cash
-0.05%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93