SOLD
Fortress Acquires Industrial Property In San Fernando Valley From Richard Raczuk For $9.25M
7886 Deering Avenue
Industrial
35,000 SF
35,000 SF
Sold 1 year ago
Summary
Sale
CALIFORNIA
Industrial
35,000 sqft
A industrial property located at 7886 Deering Ave. in San Fernando Valley has been sold in a recent transaction. The property spans 35,000 square feet and sits on 1.64 acres of land. The sale price for the property was $9,250,000, resulting in a price per square foot of $264.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $9,250,000
- Address: 7886 Deering Ave.
- Market: San Fernando Valley
- Size: 35,000 square feet
- Price per Square Foot: $264
- Acres: 1.64
The buyer in this transaction was Fortress, while the seller was Richard Raczuk. The deal was facilitated by Roy Harel and Jonathan Lee of Nublock Partners, along with David Hoffberg of Delphi.
Players
All
4
Agents
3
Agencies
1
Details
SOLD
IMAGE: Roy Harel & Jonathan Lee
DATE: 07/05/2022
ADDRESS: 7886 Deering Ave.
MARKET: San Fernando Valley
ASSET TYPE: Industrial
BUYER: Fortress
SELLER: Richard Raczuk
BROKERS: Roy Harel (@RoyHarel310) & Jonathan Lee (@SimpleeJonathan) - Nublock Partners (@NublockPartners) & David Hoffberg - Delphi
SALE PRICE: $9,250,000
SF: 35,000 ~ PPSF: $264
ACRES: 1.64View on map
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Address7886 Deering Avenue
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