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Rich Gallagher Acquires Industrial Property In Roseville, CA & Chandler, Arizona For $26.25M

Property Image
SOLD
$26,250,000
Will Strong
Phil Haenel
Michael (Mike) Haenel
+ 1

California

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Industrial60,000 SF
Sold 04/15/2021
the dealplayerscompscontact
Property Image
SOLD

Rich Gallagher Acquires Industrial Property In Roseville, CA & Chandler, Arizona For $26.25M

8350 Industrial Ave, Roseville, CA, USA

See Similar Deals
Industrial60,000 SF
Sold 04/15/2021
Will Strong
Phil Haenel
Michael (Mike) Haenel
+ 1
the dealplayerscompscontact
Contact now

Summary

CALIFORNIA
Asset Type:Industrial
Price Per Square Foot:$437
Total Square Footage:60,000 SF
Transaction Type:Sale

The industrial property located at 8350 Industrial Ave. in Roseville, CA and 250 N. Beck Ave. in Chandler, Arizona has been sold. The transaction took place on April 15, 2021. The property spans across 60,000 square feet and is categorized as an industrial asset. The sale price for this property was $26,250,000, which translates to a price per square foot of $437.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: $26,250,000
  • Address: 8350 Industrial Ave., Roseville, CA & 250 N. Beck Ave., Chandler, Arizona
  • Market: Roseville, CA & Chandler, Arizona

The buyer of this property is Rich Gallagher, representing Erickson Companies. The sale was facilitated by a team of brokers from Cushman & Wakefield, including Phil Haenel, Mike Haenel, Andy Markham, and Will Strong.

Players

Phil Haenel
Cushman & Wakefield
Phil Haenel
20 deals$518.3M volume
BROKER
Michael (Mike) Haenel
Cushman & Wakefield
Michael Haenel
7 deals$110.6M volume
BROKER
Andy Markham
Cushman & Wakefield
Andy Markham
5 deals$91.8M volume
BROKER
Will Strong
Cushman & Wakefield
Will Strong
54 deals$3.2B volume
BROKER

Details

SOLD
IMAGE: Andy Markham, Phil Haenel, Rich Gallagher, Will Strong & Mike Haenel DATE: 04/15/2021 ADDRESS: 8350 Industrial Ave. & 250 N. Beck Ave. MARKET: Roseville, CA & Chandler, Arizona ASSET TYPE: Industrial BUYER: Rich Gallagher - Erickson Companies BROKERS: Phil Haenel, Mike Haenel, Andy Markham & Will Strong - Cushman & Wakefield SALE PRICE: $26,250,000 SF: 60,000 ~ PPSF: $437

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Debt Service Coverage Ratio (DSCR)

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