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Seaboard Avenue

Barbara Whitcraft Purchases Industrial Property In Venice For $5 Million With Broker Nick Watson
SOLDIndustrial

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

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:

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.

Players

Nick Watson

Matthews

Broker

$149.4M

vol

20 deals

Broker

Barbara Whitcraft

Buyer

$5M

vol

1 deal

Buyer
Maarten Deschaumes

Maarten Deschaumes

Seller

$86.5M

vol

2 deals

Seller

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