Updated Dec 4, 2024
Bridge Industrial Acquires Industrial Property In North Hollywood For $32.8M
6950 Tujunga Avenue, North Hollywood, California 91605, United States
$32,800,000
$309,434/SF
Building Size
106 SF
Asset Type
Industrial
Closing
Feb 15, 2023
About this deal
AI
An industrial property located at 6950 North Tujunga Avenue in North Hollywood has been sold for a total price of $32,800,000. The property spans across 5 acres and offers a total square footage of 106,526. This transaction was conducted by Bridge Industrial, represented by Heather Crossner and Greg Woolway, with the assistance of broker Paul Sims from Cushman & Wakefield.
Summary of transation details
- Property Type: Industrial
- Transaction Amount: $32,800,000
- Address: 6950 North Tujunga Avenue
- Market: North Hollywood
- Acres: 5
Bridge Industrial, composed of Heather Crossner and Greg Woolway, acted as the buyer in this transaction. They were represented by Paul Sims from Cushman & Wakefield, who facilitated the deal on their behalf.
On the Map
$32,800,000
$309,434/SF
Industrial
View full map
Players
North Hollywood Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
Loading comparables…
Deal FAQ
Visit Paul Sims 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
0.48%
Cash-on-Cash
-0.14%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93