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6407-6431 Alondra Boulevard
SOLD

CBRE Sells Paramount Business Center Industrial Park In Paramount For $7.6M

6407-6431 Alondra Boulevard

Industrial
60,448 SF
clock iconSold 38 days ago
Gerard Poutier
Eric Cox
Mark Shaffer
+ 5
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Summary

Sale
CALIFORNIA
Industrial
60,448 sqft

The Paramount Business Center, located at 6407-6431 Alondra Boulevard in Paramount, was sold to a local private investor for $7.6 million. This industrial property comprises 11 units with high-image storefronts and spans across 30,224 square feet. Situated in a convenient location with easy access to Interstate 710, this center presents itself as an attractive investment opportunity within the Paramount market.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $7,600,000
  • Units: 11
  • Price Per Unit: $690,909
  • Square Footage: 30,224
  • Price Per Square Foot: $251
  • Address: 6407-6431 Alondra Boulevard
  • Market: Paramount

CBE Real Estate played a pivotal role in facilitating the sale of the Paramount Business Center. The transaction involved brokers Anthony DeLorenzo, Barbara (Emmons) Perrier, Bryan Johnson, Dylan Rutigliano, Eric Cox, Gerard Poutier, and Mark Shaffer from CBRE. Their expertise and connections were crucial in ensuring a successful deal for the industrial park. The involvement of CBRE Investment Properties and National Partners further enhanced the execution of this transaction, showcasing the collaborative effort within the real estate industry.

Players

  • All

    8

  • Agents

    7

  • Agencies

    1

Gerard Poutier's profile picture
Gerard Poutier
CBRE-image
Associate
$89.6M Sold
Eric Cox's profile picture
Mark Shaffer's profile picture
Bryan Johnson's profile picture
Dylan Rutigliano's profile picture

Details

Deal Summary
minus icon
SOLD
IMAGE: Mark Shaffer, Anthony DeLorenzo, Bryan Johnson, Barbara Perrier, Gerard Poutier, Eric Cox & Dylan Rutigliano DATE: 06/06/2024 ADDRESS: 6407-6431 Alondra Boulevard MARKET: Paramount ASSET TYPE: Industrial BROKERS: Anthony DeLorenzo (@AnthonyDelorenzo), Barbara (Emmons) Perrier (@BarbPerrier), Bryan Johnson (@CallMeBryanJ), Dylan Rutigliano (@DylanRutigliano), Eric Cox, Gerard Poutier (@Gerard_Poutier) & Mark Shaffer - CBRE (@CBRE) SALE PRICE: $7,600,000 UNITS: 11 ~ PPU: $690,909 SF: 30,224 ~ PPSF: $251 NOTE: CBRE facilitated the sale of Paramount Business Center, a multi-tenant industrial park in Paramount, to a local private investor for $7.6 million. Featuring 11 units with high-image storefronts and convenient access to Interstate 710, the center presents an attractive investment opportunity, with CBRE Investment Properties and National Partners playing pivotal roles in the transaction.

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Address6407-6431 Alondra Boulevard

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