Safco Capital Corp Acquires Industrial Property In City Of Industry For $38 Million From West Harbor Capital

705 Baldwin Park Boulevard

$38,000,000

$205/SF

Building Size

184,778 SF

Asset Type

Industrial

Closing

Mar 31, 2025

AI

The property sold is a 184,778-square-foot industrial asset located at 705 Baldwin Park Boulevard in the City of Industry. The transaction was completed for a sale price of $38,000,000, translating to a price per square foot of $206. The facility is fully leased to the envelope manufacturer Cenveo.

Summary of transaction details:

Property Type: Industrial
Transaction Amount: $38,000,000
Address: 705 Baldwin Park Boulevard
Market: City of Industry
Square Footage: 184,778
Price per Square Foot: $206
Buyer: Safco Capital Corp
Seller: Eric Ruehle, Adam Deierling & Nick Weisnicht - West Harbor Capital
Brokers: Barbara Perrier & Eric Cox - CBRE; Paul Sablock - JLL

The transaction was facilitated by CBRE, with brokers Barbara Perrier and Eric Cox representing the seller, alongside Paul Sablock from JLL. The involvement of these brokerages played a crucial role in finalizing the sale of the property, which was previously held by West Harbor Capital.

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