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Sterling Organization Acquires 32.82 Acre Retail Property In Lynwood For $164.6M

Property Image
SOLD
$164,630,000
Zachary Weiner
Michael Torkin
Krista Miniutti
+ 3

California

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Retail403,242 SF
Sold 07/05/2022
the dealplayerscompscontact
Property Image
SOLD

Sterling Organization Acquires 32.82 Acre Retail Property In Lynwood For $164.6M

3100 Imperial Highway, Lynwood, California 90262, United States

See Similar Deals
Retail403,242 SF
Sold 07/05/2022
Zachary Weiner
Michael Torkin
Krista Miniutti
+ 3
the dealplayerscompscontact
Contact now

Summary

CALIFORNIA
Asset Type:Retail
Price Per Square Foot:$408
Total Square Footage:403,242 SF
Transaction Type:Sale

The retail property located at 3100 E Imperial Hwy in Lynwood has been sold for a price of $164,630,000. The property is spread across 32.82 acres and has a total area of 403,242 square feet. The sale took place on July 5, 2022.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: $164,630,000
  • Address: 3100 E Imperial Hwy
  • Market: Lynwood
  • Property Size: 32.82 acres

The buyer of the property is Sterling Organization, represented by Brian Kosoy and Jordan Fried. The deal was facilitated by brokers Michael Torkin, Zachary Weiner, and Krista Miniutti from Simpson Thacher, along with Geoff Tranchina from JLL.

Players

Geoff Tranchina
JLL
Geoff Tranchina
47 deals$2.2B volume
BROKER
Michael Torkin
Simpson Thacher & Bartlett
Michael Torkin
1 deal$164.6M volume
BROKER
Zachary Weiner
Simpson Thacher & Bartlett
Zachary Weiner
1 deal$164.6M volume
BROKER
Krista Miniutti
Simpson Thacher & Bartlett
Krista Miniutti
1 deal$164.6M volume
BROKER
Brian Kosoy
Sterling Organization
Brian Kosoy
17 deals$927.1M volume
BUYER
Jordan Fried
Sterling Organization
Jordan Fried
10 deals$503.8M volume
BUYER

Details

SOLD
IMAGE: Jordan Fried DATE: 07/05/2022 ADDRESS: 3100 E Imperial Hwy. MARKET: Lynwood ASSET TYPE: Retail ~ ACRES: 32.82 BUYER: Sterling Organization - Brian Kosoy & Jordan Fried BROKERS: Michael Torkin, Zachary Weiner & Krista Miniutti - Simpson Thacher & Geoff Tranchina - JLL (@JLL) SALE PRICE: $164,630,000 SF: 403,242 ~ PPSF: $408

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