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Hines Acquires Industrial Property In City Of Industry For $50M

16008 Amar Road
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This Industrial property located in CA was sold for $50,000,000 over 1 year ago. The brokers of the deal were Roy Harel and Chadman Soladar

The industrial property located at 16008 Amar Rd. in the City of Industry has been sold in a transaction for $50,000,000. The property spans a total of 151,339 square feet and is situated on 9.38 acres of land. The sale price per square foot amounts to $330.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $50,000,000
  • Address: 16008 Amar Rd.
  • Market: City of Industry
  • Size: 151,339 square feet
  • Price per square foot: $330

The buyer in this transaction is Hines, while the seller is Positive Investments. The deal was facilitated by brokers Roy Harel and Chadman Soladar from Nublock Partners representing the respective parties.

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Deals
  • Location
    16008 Amar Road, City of Industry, California 91744, United States16008 Amar Road, City of Industry, California 91744, United States
  • Sale Price
    $50,000,000$50,000,000
    $330 PPSF$330 PPSF
  • Area
    151,339 SF151,339 SF
  • Asset Type
    IndustrialIndustrial
  • Parties
    2 Brokers, 1 Agency2 Brokers, 1 Agency

Agents

Chadman Soladar

Chadman Soladar

Deals6
Sold$184.6M

Agency

Nublock Partners

Nublock Partners

Agency
Deals21
Volume$541.6M

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Deal Summary

SALE IMAGE: Roy Harel & Chadman Soladar DATE: 07/05/2022 ADDRESS: 16008 Amar Rd. MARKET: City Of Industry ASSET TYPE: Industrial ~ ACRES: 9.38 BUYER: Hines SELLER: Positive Investments BROKERS: Roy Harel (@RoyHarel310) & Chadman Soladar (@SoldBySoladar) - Nublock Partners (@NublockPartners) SALE PRICE: $50,000,000 SF: 151,339 ~ PPSF: $330

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16008 Amar Road

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