Rexford Industrial Acquires Commerce Property At 6687 Flotilla St For $21 Million

The property involved in this transaction is located at 6687 Flotilla St, Commerce, CA 90040. The industrial facility was sold for $21,000,000.00 and boasts a total square footage of 120,000. The asset sits on five acres and features office space, clear heights ranging from 20 feet to 24 feet, extensive dock-high loading, and a large secured yard.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $21,000,000.00
• Address: 6687 Flotilla St, Commerce, CA 90040
• Market: Commerce
• Square Footage: 120,000
• Seller's Representatives: Evan Crawford - CBRE, Jack Mergenthaler - CBRE, Jeffrey Stephens - Compass
• Buyer: Rexford Industrial

Rexford Industrial acquired the facility from a private seller. The current occupant of the property is Color Image Apparel, a clothing manufacturing company based in Los Angeles. The seller was represented by the team of Evan Crawford, Jack Mergenthaler, and Jeffrey Stephens.