SOLD
CBRE And Cushman & Wakefield Brokers Complete $69.8M Industrial Sale In Commerce
5743 Smithway Street
Industrial
230,000 SF
230,000 SF
Sold 1 year ago
Summary
Sale
CALIFORNIA
Industrial
230,000 sqft
The industrial property located at 5743 Smithway St. in Commerce was recently sold in a closed transaction. The property is a cold storage facility, spanning 230,000 square feet. It was sold for a price of $69,836,125, resulting in a price per square foot of $303.
Summary of Transaction Details
- Property Type: Industrial (Cold Storage)
- Transaction Amount: $69,836,125
- Square Footage: 230,000
- Address: 5743 Smithway St.
- Market: Commerce
In representing the buyer, Tim Wallace from Cushman & Wakefield played a key role in the transaction. On the opposite side, Art Rasmussen, David Norrie, and Ryan Lin from CBRE represented the seller.
Players
All
6
Agents
4
Agencies
2
Details
SOLD
IMAGE: Art Rasmussen, David Norrie, Ryan Lin & Tim Wallace
DATE: 04/01/2022
ADDRESS: 5743 Smithway St.
MARKET: Commerce
ASSET TYPE: Industrial (Cold Storage)
BUYER’S REP: Tim Wallace - Cushman & Wakefield (@CushWake)
SELLER’S REP: Art Rasmussen, David Norrie & Ryan Lin (@4RyanLin) - CBRE
SALE PRICE: $69,836,125
SF: 230,000 ~ PPSF: $303View on map
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Address5743 Smithway Street
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