JLL Capital Markets worked on behalf of an affiliate of Zurich Alternative Asset Management in the $11 million sale of a fully leased warehouse in Santa Fe Springs, CA

 

Makenna Peter

LOS ANGELES, CA –  JLL Capital Markets arranged the $11.25 million sale of a Class A warehouse and distribution facility totaling 42,725 square feet in Santa Fe Springs, California.

 

Mark Detmer

JLL represented the seller, an affiliate of Zurich Alternative Asset Management, and procured the buyer, Sterling Investors LP.

The property is fully leased to a single tenant and features a 30-foot clear height, six dock-high doors, one grade-level door and an 82-foot truck court.

 

The asset is located at 10329 Painter Ave., in one of the most desired core industrial markets by institutional investors across the country.

 

It is strategically positioned 3.5 miles from the I-5 and I-605 Interchange boasting impeccable connectivity throughout Southern California and the greater West Coast.

Chad Solomon

The JLL Capital Markets team was led by Senior Managing Director Mark Detmer and Directors Chad Solomon and Makenna Peter. Managing Directors Cameron Driscoll and Luke McDaniel served as the local market contacts.

 

JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers.

 

The firm's in-depth local market and global investor knowledge delivers the best-in-class solutions for clients — whether investment sales and advisory, debt advisory, equity advisory or a recapitalization.

Cameron Driscoll

The firm has more than 3,000 Capital Markets specialists worldwide with offices in nearly 50 countries.

 

For more news, videos, and research resources, please visit JLL’s newsroom. 

 

Contact:

Alli Stent

PR, Hotels & Hospitality,

 Capital Markets

JLL
M +1 330 329 6750