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

The industrial property located at 705 Baldwin Park Boulevard in the City of Industry was sold for $38,000,000. This facility encompasses a total of 184,778 square feet and has a price per square foot of $206. The property is fully leased and occupied by 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 involved key individuals, including Eric Ruehle, Adam Deierling, and Nick Weisnicht representing West Harbor Capital as sellers. CBRE's brokers, Barbara Perrier and Eric Cox, facilitated the sale, with Paul Sablock from JLL also representing the seller in the process.