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6211 Descanso Avenue

Updated Jan 16, 2026

International Paper And LA's Totally Awesome Acquire Industrial Facility In Buena Park For $31.3M
SOLDIndustrial

International Paper And LA's Totally Awesome Acquire Industrial Facility In Buena Park For $31.3M

6211 Descanso Avenue

$31,300,000

$411/SF

Building Size

75,992 SF

Asset Type

Industrial

Closing

Jan 15, 2026

About this deal

AI

An industrial facility located at 6211 Descanso Avenue in Buena Park has been sold for $31,300,000. The building spans a total of 75,992 square feet, resulting in a price per square foot of approximately $412. The sale represents one of the notable transactions in the Orange County market during the fourth quarter of 2025.

Summary of transation details:

Andrew Silvernail and Sarang Hardas completed the acquisition of the property from the Crockett Living Trust, marking a significant event in the industrial real estate landscape. This transaction exemplifies the sustained demand for well-located industrial assets in the region, despite challenges such as rising vacancy rates and negative absorption trends in the Orange County industrial market.

Players

Andrew Silvernail

International Paper

Buyer

1 deal

Buyer

Buena Park Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

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Deal FAQ

About $411 per square foot on a published $31.3M for 75,992 square feet (2026).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.51%

Cash-on-Cash

-0.14%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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