Los Angeles Regional Food Bank Acquires Industrial Property In City Of Industry For $52.1M

The industrial property located at 2300 Pellissier Pl in the City of Industry has been sold in a transaction valued at $52,100,000. The property spans approximately 255,900 square feet and was sold at a price of $203 per square foot.

Summary of transaction details

• Property Type: Industrial
• Transaction Amount: $52,100,000
• Address: 2300 Pellissier Pl
• Market: City of Industry
• Square Footage: 255,900
• Price per Square Foot: $203
• Buyer: Los Angeles Regional Food Bank – Michael Flood
• Seller: Haralambos Leasing Company
• Brokers: John McMillan, Jeff Sanita, Danny Williams & Greg Stumm – Newmark

The buyer of the property, Los Angeles Regional Food Bank, was represented by Michael Flood. The seller, Haralambos Leasing Company, completed the transaction. The deal was facilitated by brokers John McMillan, Jeff Sanita, Danny Williams, and Greg Stumm of Newmark.