Updated Jan 16, 2026
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:
- Property Type: Industrial
- Transaction Amount: $31,300,000
- Sale Price per Square Foot: $412
- Square Footage: 75,992
- Address: 6211 Descanso Avenue
- Market: Buena Park
- Buyer: Andrew Silvernail - International Paper; Sarang Hardas - LA's Totally Awesome
- Seller: Crockett Living Trust
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
Buena Park 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
0.51%
Cash-on-Cash
-0.14%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93