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Sterling Organization Acquires 32.82 Acre Retail Property In Lynwood For $164.6M

3100 East Imperial Highway
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This Retail property located in CA was sold for $164,630,000 over 1 year ago. The brokers of the deal were Michael Torkin, Zachary Weiner, Krista Miniutti, and Geoff Tranchina

The retail property located at 3100 E Imperial Hwy in Lynwood has been sold for a price of $164,630,000. The property is spread across 32.82 acres and has a total area of 403,242 square feet. The sale took place on July 5, 2022.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: $164,630,000
  • Address: 3100 E Imperial Hwy
  • Market: Lynwood
  • Property Size: 32.82 acres

The buyer of the property is Sterling Organization, represented by Brian Kosoy and Jordan Fried. The deal was facilitated by brokers Michael Torkin, Zachary Weiner, and Krista Miniutti from Simpson Thacher, along with Geoff Tranchina from JLL.

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Deals
  • Location
    3100 Imperial Highway, Lynwood, California 90262, United States3100 Imperial Highway, Lynwood, California 90262, United States
  • Sale Price
    $164,630,000$164,630,000
    $408 PPSF$408 PPSF
  • Area
    403,242 SF403,242 SF
  • Asset Type
    RetailRetail
  • Parties
    4 Brokers, 2 Agencies4 Brokers, 2 Agencies

Agents

Zachary Weiner

Zachary Weiner

Deals1
Sold$164.6M

Geoff Tranchina

Geoff Tranchina

Deals26
Financed$1.1B

Agencies

Simpson Thacher & Bartlett

Simpson Thacher & Bartlett

Agency
Deals3
Volume$493.9M

JLL

JLL

Agency
Deals5591
Volume$332.6B

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Deal Summary

SALE IMAGE: Jordan Fried DATE: 07/05/2022 ADDRESS: 3100 E Imperial Hwy. MARKET: Lynwood ASSET TYPE: Retail ~ ACRES: 32.82 BUYER: Sterling Organization - Brian Kosoy & Jordan Fried BROKERS: Michael Torkin, Zachary Weiner & Krista Miniutti - Simpson Thacher & Geoff Tranchina - JLL (@JLL) SALE PRICE: $164,630,000 SF: 403,242 ~ PPSF: $408

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3100 East Imperial Highway

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