SOLD
Blackstone Acquires Industrial Property In Lincoln Heights For $166M From Forever21
3880 North Mission Road
Industrial
2,100,000 SF
2,100,000 SF
Sold 1 year ago
Summary
Sale
CALIFORNIA
Industrial
2,100,000 sqft
Located in Lincoln Heights, the industrial property at 3880 N. Mission Rd. has been sold in a closed transaction. The property, spanning approximately 2.1 million square feet, was acquired for a total price of $166 million. This translates to a price per square foot of $79.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $166 million
- Address: 3880 N. Mission Rd.
- Market: Lincoln Heights
The buyer of the property was Blackstone, a prominent investment firm. On the selling side, Forever21 completed the transaction. Representatives from Blackstone and Forever21 facilitated the deal.
Details
SOLD
IMAGE: Jon Gray, Kenneth Caplan, Kathleen McCarthy, Jin Sook Chang & Do Won Chang
DATE: 02/06/2019
ADDRESS: 3880 N. Mission Rd.
MARKET: Lincoln Heights
ASSET TYPE: Industrial
PRICE: $166M /SF: 2.1M/ PPSF: $79
BUYER: @Blackstone
SELLER: @Forever21View on map
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Address3880 North Mission Road
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