Updated Dec 2, 2024
Rexford Industrial Realty Acquires 6279 East Slauson Avenue, 750 West Manville Street & 2328 Teller Road In City Of Commerce For $76M
6279 East Slauson Avenue, City of Commerce, CA, USA
$76,000,000
$152/SF
Building Size
500,000 SF
Asset Type
Industrial
Closing
Oct 8, 2019
About this deal
AI
An industrial property located at 6279 East Slauson Avenue, 750 West Manville Street, and 2328 Teller Road in the City of Commerce has been sold for a transaction value of $76,000,000. The property spans 500,000 square feet, resulting in a price per square foot of $152. The sale was facilitated by CBRE on behalf of the buyer, Rexford Industrial Realty.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $76,000,000
- Square Footage: 500,000
- Price per Square Foot: $152
- Address: 6279 East Slauson Avenue, 750 West Manville Street, 2328 Teller Road
- Market: City of Commerce
The buyer, Rexford Industrial Realty, acquired the property with the assistance of their broker, CBRE. This transaction signifies an important investment in the industrial sector of the City of Commerce. The deal was finalized on October 9, 2019, and demonstrates the continued interest in industrial assets in the area.
Players
Maywood 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
0.21%
Cash-on-Cash
-0.06%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93