Addi Aberman Acquires Industrial Asset In Lakewood For $4.5M Represented By Cole Malinowski & Devin Foderaro
$4,500,000
$187/SF
Building Size
24,000 SF
Asset Type
Industrial
Closing
Feb 4, 2026
AI
This industrial property transaction occurred in Lakewood, involving a sale price of $4,500,000 for a 24,000 square foot asset, translating to a price per square foot of $187.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $4,500,000
- Buyer: Addi Aberman
- Seller: Steve Epstein
- Brokers: Cole Malinowski & Devin Foderaro - Vivid Arc - Keller Williams Realty
- Deposit: $500,000 hard, non-refundable
Cole Malinowski and Devin Foderaro successfully represented both the buyer and seller in this off-market transaction, demonstrating a commitment to close in a competitive market. The buyers’ ability to deliver a significant deposit at contract execution reflects the standard of execution clients can expect when engaging with Vivid Arc Group.
Players
Market 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
3.53%
Cash-on-Cash
-1.01%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93