Updated Aug 3, 2026
Barbara Whitcraft Purchases Industrial Property In Venice For $5 Million With Broker Nick Watson
Seaboard Avenue
$5,000,000
$125/SF
Building Size
40,000 SF
Asset Type
Industrial
Closing
Jul 10, 2026
About this deal
AI
The property involved in this transaction is an industrial asset located at 313-333 Seaboard Avenue in Venice. The sale was completed for a total amount of $5,000,000, with a total square footage of 40,000, resulting in a price per square foot of $125.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $5,000,000
- Buyer: Barbara Whitcraft
- Seller: Maarten Deschaumes
- Broker: Nick Watson - Matthews
- Date of Transaction: 07/10/2026
Key individuals in this transaction include the buyer, Barbara Whitcraft, and the seller, Maarten Deschaumes, both of whom played significant roles in this deal. Nick Watson from Matthews represented the seller in this transaction, facilitating the successful closing of the sale.
On the Map
$5,000,000
$125/SF
Industrial
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Players
Venice 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
3.17%
Cash-on-Cash
-0.91%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93