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Orange County-based Firm Acquires 13.6K SF Santee Industrial Property For $3.95M

Property Image
SOLD
$3,950,000
Matt Harris
Matt Pourcho
+ 2

California

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Industrial13,660 SF
Sold 07/28/2023
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Property Image
SOLD

Orange County-based Firm Acquires 13.6K SF Santee Industrial Property For $3.95M

9425 Wheatlands Ct Santee, CA 92071, USA

See Similar Deals
Industrial13,660 SF
Sold 07/28/2023
Matt Harris
Matt Pourcho
+ 2
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Summary

CALIFORNIA
Asset Type:Industrial
Price Per Square Foot:$289
Total Square Footage:13,660 SF
Transaction Type:Sale

A 13,660-square-foot industrial property located at 9425 Wheatlands Court in Santee has been sold for $3.95 million, according to CBRE. The property, built in 1982, consists of 11,696 square feet of warehouse and storage space. It is situated in the Santee market and was purchased by an Orange County-based firm.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: $3,950,000
  • SF: 13,660
  • PPSF: $289
  • Address: 9425 Wheatlands Court
  • Market: Santee

The sale was facilitated by CBRE, with Matt Pourcho, Anthony DeLorenzo, Matt Harris, Bryan Johnson, and Nick Williams representing the sellers, Whittier Trust Company. The buyers were an Orange County-based firm. The property comes with a triple-net lease signed by the current tenant for five years.

Players

Bryan Johnson
49 deals$763.9M volume(949) 809-3762
BROKER

Anthony DeLorenzo
CBRE
116 deals$2B volume
BROKER

Matt Pourcho
CBRE
48 deals$650.7M volume
BROKER

Matt Harris
CBRE
28 deals$349M volume
BROKER

Nick Williams
CBRE
17 deals$217.3M volume
BROKER

Whittier Trust Company
SELLER

Details

SOLD
IMAGE: Matt Pourcho, Matt Harris, Bryan Johnson, Anthony DeLorenzo & Nick Williams DATE: 07/28/2023 ADDRESS: 9425 Wheatlands Court MARKET: Santee ASSET TYPE: Industrial SELLER: Whittier Trust Company BROKERS: Matt Pourcho, Anthony DeLorenzo, Matt Harris, Bryan Johnson & Nick Williams - CBRE SALE PRICE: $3,950,000 SF: 13,660 ~ PPSF: $289 NOTE: A 13,660-square-foot Santee industrial property was sold for $3.95 million to an Orange County-based firm, according to CBRE. The building, constructed in 1982, comes with 11,696 square feet of warehouse and storage space and a triple-net lease signed by the current tenant for five years.

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