Prime Finance has provided $52 million of financing to facilitate Longpoint Realty Partners' purchase of four industrial buildings with 84,346 square feet and two parcels of development land within the Van Nuys Airport Industrial Center in suburban Los Angeles. The ...
The six-building property is 98 percent leased and was built in 1964 on 3.26 acres that sit 17 miles outside of Los Angeles. It underwent renovations in 2014 and 2018.
Rentv.com ARKA Properties Group Inc. has paid $19.25 million, or $247.43/sf, for a 77,800-square-foot industrial park at 14723-14825 Oxnard St. in Van Nuys, Calif. The Beverly Hills, Calif., investor purchased the property from Rexford Industrial Realty Inc. NAI Capital's Investment ...
Rexford Industrial Realty Inc. has acquired 18 buildings and two outside storage land parcels within the Van Nuys Industrial Center in Van Nuys, Calif., for $154.6 million, or 362.51/sf. The Los Angeles industrial REIT funded the purchase with cash on ...
The New York investment company paid $48 million for the 210,254-sf light industrial building at 8201 Woodley and $35 million for the 80,000-sf warehouse at 8221 Woodley.
98 percent occupied. The property serves as collateral for $48.7 million of debt that's securitized through COMM, 2015-CR23. The loan has a 4.295 percent coupon and matures in April 2025. It's locked out from prepayment until December 2024.
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