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KKR Acquires Industrial Park In National City For $24.8M

2011, 2013, 2010 Haffley Avenue and 940 West 19th Street
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This Industrial property located in CA was sold for $24,800,000 about 5 years ago. The brokers of the deal were Kara Mathis, Nick Frasco, and Nick Psyllos

Located in National City, the industrial park on 2011, 2013, 2010 Haffley Ave. and 940 West 19th St has been sold in a recent transaction. The property spans an area of 146,700 square feet and is characterized by its industrial usage. The transaction took place on January 11, 2019, and involved a sale price of $24,800,000. The price per square foot was $169. The seller of the property was Presidio Property Trust, while the buyer was KKR. The deal was facilitated by HFF, represented by Nick Psyllos, Nick Frasco, and Kara Mathis.

Summary of Transation Details

  • Property Type: Industrial Park
  • Transaction Amount: $24,800,000
  • Square Footage: 146,700
  • Price per Square Foot: $169
  • Date: 01/11/2019
  • Address: 2011, 2013, 2010 Haffley Ave. and 940 West 19th St
  • Market: National City
  • Buyer: KKR
  • Seller: Presidio Property Trust
  • Brokers: HFF - Nick Psyllos, Nick Frasco, and Kara Mathis

The sale of this industrial park marks a significant transaction in the National City market. The involvement of well-known companies such as KKR as the buyer and Presidio Property Trust as the seller suggests the attractiveness of this property. HFF, represented by Nick Psyllos, Nick Frasco, and Kara Mathis, played a pivotal role in facilitating the deal, showcasing their expertise in the industrial real estate sector.

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Deals
  • Location
    940 West 19th Street, National City, CA, USA940 West 19th Street, National City, CA, USA
  • Sale Price
    $24,800,000$24,800,000
    $169 PPSF$169 PPSF
  • Area
    146,700 SF146,700 SF
  • Asset Type
    IndustrialIndustrial
  • Parties
    3 Brokers, 1 Agency3 Brokers, 1 Agency

Agents

Nick Frasco

Nick Frasco

Deals1
Sold$24.8M

Kara Mathis

Kara Mathis

Deals1
Sold$24.8M

Agency

JLL

JLL

Agency
Deals5591
Volume$332.6B

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Deal Summary

SALE IMAGE: Nick Psyllos, Nick Frasco and Kara Mathis DATE: 01/11/2019 ADDRESS: 2011, 2013, 2010 Haffley Ave. and 940 West 19th St MARKET: National City ASSET TYPE: Industrial Park PRICE: $24,800,000 SF: 146,700 PPSF: $169 BUYER: KKR SELLER: Presidio Property Trust BROKERS: HFF - Nick Psyllos, Nick Frasco and Kara Mathis

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2011, 2013, 2010 Haffley Avenue and 940 West 19th Street

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