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2544 Alameda Street
SOLD

Wimatex Inc. Acquires 1.3 Acre Retail Property In Vernon, CA For $4.7M

2544 Alameda Street

Retail
14,000 SF
clock iconSold 207 days ago
David Maling
Christopher (Chris) Maling
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Summary

Sale
CALIFORNIA
Retail
14,000 sqft

Trucking company Wimatex Inc. has purchased the 14,000-square-foot Vernon Shopping Center in Los Angeles' industrial hub for $4.7 million. The property, located on 1.3 acres in Vernon, California, is 77% occupied at the time of sale.

Summary of Transaction Details

  • Property Type: Retail
  • Sale Price: $4,700,000
  • Square Footage: 14,000
  • Price Per Square Foot: $336
  • Address: 2544-2550 Alameda Street, Vernon, California
  • Market: Vernon

The buyer, Wimatex Inc., a trucking company, acquired the Vernon Shopping Center. The seller, DP Vernon Retail LLC, sold the property for $4.7 million. The transaction was facilitated by brokers Chris Maling and David Maling from Avison Young.

Players

  • All

    3

  • Agents

    2

  • Agencies

    1

David Maling's profile picture
David Maling
Avison Young-image
Principal
$61M Sold

Details

Deal Summary
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SOLD
IMAGE: David Maling & Chris Maling DATE: 10/19/2023 ADDRESS: 2544-2550 Alameda Street MARKET: Vernon ASSET TYPE: Retail ~ ACRES: 1.3 BUYER: Wimatex Inc. SELLER: DP Vernon Retail LLC BROKERS: Chris Maling & David Maling - Avison Young (@Avison_Young_Global) SALE PRICE: $4,700,000 SF: 14,000 ~ PPSF: $336 NOTE: Trucking company Wimatex Inc. has purchased the 14,000-square-foot Vernon Shopping Center in Los Angeles' industrial hub for $4.7 million. The property, 77% occupied at the time of sale, is located on 1.3 acres in Vernon, California.

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Address2544 Alameda Street

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