Updated Dec 2, 2024
Rexford Industrial Realty Acquires Industrial Portfolio In Inland Empire For $660.9M
6221 Archibald Ave, Eastvale, CA 92880
$660,900,000
$623/SF
Building Size
1,060,000 SF
Asset Type
Industrial
Closing
Jul 18, 2022
About this deal
AI
Located in the Inland Empire market, the industrial property at 6221 & 6251 Archibald Avenue and 14301, 14319, 14337 & 14326 Limonite Avenue has recently been sold. The transaction took place on 07/19/2022, and the property spans 1,060,000 square feet. The sale price for this industrial asset was $660,900,000, resulting in an average price per square foot of $445.
Summary of transation details
- Property Type: Industrial
- Transaction Amount: $660,900,000
- Address: 6221 & 6251 Archibald Avenue; 14301, 14319, 14337 & 14326 Limonite Avenue
- Market: Inland Empire
The buyer in this transaction was Rexford Industrial Realty, represented by Howard Schwimmer and Michael Frankel.
On the Map
$660,900,000
$623/SF
Industrial
View full map
Players
Eastvale Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
Loading comparables…
Deal FAQ
Visit Howard Schwimmer to view all their deals.
Browse California industrial sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.02%
Cash-on-Cash
-0.01%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93