Rexford Industrial Properties Acquires Carson Property For $40.3M

Carson's real estate market saw a significant transaction take place on November 12, 2018. Rexford Industrial Properties, a prominent player in the industrial property sector, acquired a property from Shea Properties for a total price of $40,300,000. The property, located in Carson, spans a generous 114,572 square feet, resulting in a purchase price per square foot of $351.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $40,300,000
• Square Footage: 114,572
• Price per Square Foot: $351
• Buyer: Rexford Industrial Properties
• Seller: Shea Properties

This transaction proves the bustling real estate market in Carson, as both parties involved, Rexford Industrial Properties and Shea Properties, completed the deal successfully. Howard Schwimmer and Michael Frankel represented Rexford Industrial Properties, while Shea Properties had their own representatives.