SOLD
Brookfield Properties Acquires Industrial Property In West Inland Empire For $25M
9813 & 9875 Almond Avenue
Industrial
490,196 SF
490,196 SF
Sold 1 year ago
Summary
Sale
CALIFORNIA
Industrial
490,196 sqft
A industrial property located at 9813 & 9875 Almond Avenue in West Inland Empire has been sold in a transaction. The property spans 490,196 square feet and was sold for a price of $25,000,000, resulting in a price per square foot of $51. The transaction took place on April 30, 2021, and the property has an estimated capitalization rate of 2%.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $25,000,000
- Square Footage: 490,196
- Price per Square Foot: $51
- Capitalization Rate: 2%
The buyer of the property is Brookfield Properties Logistics, while the seller is Garrick Staples. The transaction was facilitated by brokers Shy Assar and Juan Gutierrez from Voit Real Estate. The deal was completed on behalf of the buyer and seller by Shy Assar and Juan Gutierrez from the same agency.
Players
All
2
Agents
2
Details
SOLD
IMAGE: Shy Assar @Shayan_A_ & Juan Gutierrez @JuanInho9
DATE: 04/30/2021
ADDRESS: 9813 & 9875 Almond Avenue
MARKET: West Inland Empire
ASSET TYPE: Industrial
BUYER: Brookfield Properties @BrookfieldPropertiesLogistics
SELLER: Garrick Staples
BROKERS: Shy Assar @Shayan_A_ & Juan Gutierrez @JuanInho9 @VoitRealEstate
SALE PRICE: $25,000,000
SF: 490,196 ~ PPSF: $51
CAP: 2%View on map
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Address9813 & 9875 Almond Avenue
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