Updated Oct 13, 2026
Patrick Fisher & Michael Murray Of Lift Partners Acquire Industrial Site At 4500 York Boulevard For $14.5M
4500 York Boulevard
$14,500,000
$89/SF
Building Size
161,394 SF
Asset Type
Industrial
Closing
Jun 8, 2026
About this deal
AI
Lift Partners acquired 4500 York Boulevard, a 161,394-square-foot industrial outdoor storage site in Los Angeles, for $14.5 million. The property, which spans 3.71 acres, will be delivered vacant and is situated in a market experiencing institutional demand and low vacancy rates.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $14,500,000
- Address: 4500 York Boulevard
- Market: Los Angeles, CA
- Square Footage: 161,394
- Price Per Square Foot: $90
- Buyer: Patrick Fisher & Michael Murray - Lift Partners
- Broker: Michael Bogle - CBRE
The deal is part of Lift Partners' Fund IV and expands their West Coast IOS strategy. The acquisition targets a segment of the market with strong landlord positioning amidst a recovering industrial sector.
On the Map
$14,500,000
$89/SF
Industrial
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Players
Boulevard Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.09%
Cash-on-Cash
-0.31%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93