Brookfield Asset Management Acquires Industrial Asset In Santa Fe Springs For $45.5M

The industrial property located at 9720 Norwalk Boulevard in Santa Fe Springs has been sold. The property spans a total area of 240,000 square feet and was sold for a price of $45,500,000, resulting in a price per square foot of $190. The transaction took place on January 16, 2019.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $45,500,000
• Address: 9720 Norwalk Boulevard, Santa Fe Springs
• Market: Santa Fe Springs
• Size: 240,000 square feet
• Price per Square Foot: $190

The buyer of the property is Brookfield Asset Management, while the seller is Sperry Equities. Representing the buyer and seller in the deal were Luke McDaniel and Cameron Driscoll from JLL.