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Ross Mitchell Acquires Santa Fe Springs Industrial Property For $12.04M

13536-13564 Imperial Highway, Santa Fe Springs
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This Industrial property located in CA was sold for $12,043,000 over 2 years ago. The brokers of the deal were Phillip DeRousse and Christoher J. Destino

An off-market sale of a 17-unit multi-tenant industrial property was recently completed in Santa Fe Springs, located at 13536-13564 Imperial Hwy. This property is situated in the Mid Counties market and spans across a total area of 64,329 square feet. The property was sold for a total price of $12,043,000, resulting in a price per square foot of $187. Ross Mitchell acted as the buyer in this transaction, while Sherie Maddox served as the seller.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $12,043,000
  • Address: 13536-13564 Imperial Hwy., Santa Fe Springs
  • Market: Mid Counties

This off-market transaction was facilitated by Christopher J. Destino and Phillip DeRousse from Lee & Associates. Both representatives from Lee & Associates' Orange, CA office played a crucial role in representing both the buyer and the seller in this deal.

Note: The participation of Phillip DeRousse and Christopher Destino, SIOR, as the brokers from Lee & Associates, was instrumental in successfully completing this transaction.

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Deals
  • Location
    13536 Imperial Highway, Santa Fe Springs, CA 9067013536 Imperial Highway, Santa Fe Springs, CA 90670
  • Sale Price
    $12,043,000$12,043,000
    $187 PPSF$187 PPSF
  • Area
    64,329 SF64,329 SF
  • Asset Type
    IndustrialIndustrial
  • Parties
    2 Brokers, 1 Agency2 Brokers, 1 Agency

Agents

Phillip DeRousse

Phillip DeRousse

Deals2
Sold$22.6M

Agency

Lee & Associates

Lee & Associates

Agency
Deals970
Volume$10B

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Deal Summary

SALE IMAGE: Christopher J. Destino, SIOR & Phillip DeRousse DATE: 10/22/2021 ADDRESS: 13536-13564 Imperial Hwy., Santa Fe Springs MARKET: Mid Counties ASSET TYPE: Industrial BUYER: Ross Mitchell SELLER: Sherie Maddox BROKERS: Christopher J. Destino (@CDessii212 & @SocalIndustrialBuildings) & Phillip DeRousse (@PhilDerousse & @Hutak_Derousse) - Lee & Associates SALE PRICE: $12,043,000 SF: 64,329 ~ PPSF: $187 NOTE: Phillip DeRousse & Christopher Destino, SIOR of Lee & Associates (Orange, CA office) represented both the Buyer & Seller in the off-market sale of this 17 Unit Multi-Tenant Industrial Property in the Mid Counties

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13536-13564 Imperial Highway, Santa Fe Springs

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