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.