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Brookfield Asset Management Acquires Industrial Asset In Santa Fe Springs For $45.5M

9720 Norwalk Boulevard
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This Industrial property located in CA was sold for $45,500,000 about 5 years ago. The brokers of the deal were Cameron Driscoll and Luke McDaniel

The industrial property located at 9720 Norwalk Boulevard in Santa Fe Springs has been sold. The property spans a total area of 240,000 square feet and was sold for a price of $45,500,000, resulting in a price per square foot of $190. The transaction took place on January 16, 2019.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $45,500,000
  • Address: 9720 Norwalk Boulevard, Santa Fe Springs
  • Market: Santa Fe Springs
  • Size: 240,000 square feet
  • Price per Square Foot: $190

The buyer of the property is Brookfield Asset Management, while the seller is Sperry Equities. Representing the buyer and seller in the deal were Luke McDaniel and Cameron Driscoll from JLL.

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Deals
  • Location
    9720 Norwalk Boulevard, Santa Fe Springs, CA 90670, USA9720 Norwalk Boulevard, Santa Fe Springs, CA 90670, USA
  • Sale Price
    $45,500,000$45,500,000
    $189 PPSF$189 PPSF
  • Area
    240,000 SF240,000 SF
  • Asset Type
    IndustrialIndustrial
  • Parties
    2 Brokers, 1 Agency2 Brokers, 1 Agency

Agents

Luke McDaniel

Luke McDaniel

Deals3
Sold$78.1M

Cameron Driscoll

Cameron Driscoll

Deals3
Sold$70.8M

Agency

JLL

JLL

Agency
Deals5579
Volume$332.6B

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Deal Summary

SALE IMAGE: Luke McDaniel, Rand Sperry, Bruce Flatt and Cameron Driscoll DATE: 01/16/2019 ADDRESS: 9720 Norwalk Boulevard MARKET: Santa Fe Springs ASSET TYPE: Industrial PRICE: $45,500,000 SF: 240,000 PPSF: $190 BUYER: Brookfield Asset Management SELLER: Sperry Equities BROKERS: Luke McDaniel and Cameron Driscoll @JLL

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9720 Norwalk Boulevard

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