Fortress Investment Group Sells Industrial Asset In Los Angeles For $37.9M | Fortress Investment Group Sells Industrial Asset In Los Angeles For $37.9M | David Fults, Brian McLoughlin, Chase Hansen, Tim Vaughan | Industrial | Sale

Summary

Sale

CALIFORNIA

Industrial

73,622 sqft

The industrial property located in Los Angeles was sold by Fortress Investment Group for $37,900,000. The asset spans 73,622 square feet, resulting in a price per square foot of $515.

Summary of transation details:

Property Type: Industrial
Transaction Amount: $37,900,000
Market: Los Angeles
Seller: Fortress Investment Group
Buyer's Representative: Chase Hansen & Tim Vaughan - CBRE
Seller's Representative: David Fults & Brian McLoughlin - Voit Real Estate Services

The deal was facilitated by the buyer's representatives, Chase Hansen and Tim Vaughan from CBRE, and the seller's representatives, David Fults and Brian McLoughlin from Voit Real Estate Services.

Players

All
6

Agents
4
Agencies
2

David Fults

Partner / Senior Vice President

$42.5M Sold

Brian McLoughlin

Senior Vice President, Partner

$42.5M Sold

Chase Hansen

Associate

$37.9M Sold

Tim Vaughan

Senior Vice President

$37.9M Sold

CBRE

Voit Real Estate Services

Details

Deal Summary

SOLD

IMAGE: Chase Hansen, Tim Vaughan, David Fults & Brian McLoughlin DATE: 03/14/2024 MARKET: Los Angeles ASSET TYPE: Industrial SELLER: Fortress Investment Group BUYER'S REP: Chase Hansen & Tim Vaughan - CBRE (@CBRE) SELLER'S REP: David Fults & Brian McLoughlin - Voit Real Estate Services (@VoitRealEstate) SALE PRICE: $37,900,000 SF: 73,622 ~ PPSF: $515

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AddressFortress Investment Group Sells Industrial Asset In Los Angeles For $37.9M

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