Rexford Industrial Acquires Cold Storage Facility In $18.2M Deal From Guardian Life Insurance Company Of America

6100 Sheila, a cold storage facility, was sold on December 20, 2018 for a total price of $18,200,000. The property spans 4.33 acres (188,614 square feet) and was sold at a rate of $96 per square foot. The buyer of this property was Rexford Industrial, while the seller was Guardian Life Insurance Company of America.

Summary of transaction details

• Property Type: Cold Storage Facility
• Transaction Amount: $18,200,000
• Address: 6100 Sheila
• Size: 4.33 acres (188,614 square feet)
• Price per Square Foot: $96

CBRE represented both parties in this deal. Mark Shaffer, Anthony DeLorenzo, Gary Stache, Doug Mack, Jeff Stephens, and Art Rasmussen served as the brokers for this transaction.