SOLD
Prologis Acquires Industrial Property In Downtown Los Angeles From Greyhound Lines For $90M
1716 East 7th Street
Industrial
361,548 SF
361,548 SF
Sold 1 year ago
Summary
Sale
CALIFORNIA
Industrial
361,548 sqft
An industrial property located at 1716 East 7th Street in Downtown Los Angeles has been sold in a transaction that closed on December 30, 2020. The property, spanning 361,548 square feet, was sold for a total of $90,000,000, resulting in a price per square foot of $248. The buyer in this transaction was Prologis, while the seller was Greyhound Lines.
Summary of transation details
- Property Type: Industrial
- Transaction Amount: $90,000,000
- Square Footage: 361,548
- Price Per Square Foot: $248
- Address: 1716 East 7th Street, Downtown Los Angeles
Representing the buyer, Prologis, in this transaction were Jon Reno, Mark Vanis, and Trevor Gale from Kidder.Mathews. They acted as the buyer's representatives in the deal.
Players
All
4
Agents
3
Agencies
1
Details
SOLD
IMAGE: Mark Vanis, Jon Reno, Hamid Moghadam & Trevor Gale
DATE: 12/30/2020
ADDRESS: 1716 East 7th Street
MARKET: Downtown Los Angeles
ASSET TYPE: Industrial
BUYER: Prologis
SELLER: Greyhound Lines
BROKERS: @Kidder.Mathews Jon Reno, SIOR; Mark Vanis; Trevor Gale, SIOR - (Buyer Rep)
SALE PRICE: $90,000,000
SF: 361,548 ~ PPSF: $248View on map
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Address1716 East 7th Street
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