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SOUTHERN CALIFORNIA NEWS
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City of Industry Sales Comp Trades at $132/sf

1/23/15

In a recent industrial sales comp from the San Gabriel Valley, Mygrant Glass paid $3.52 mil for a 26.7k sf ($132/sf) facility in the City of Industry. The seller was Weiss Industrial Holdings LLC.

Constructed in 1980, the concrete tilt-up building is situated on 55.8k sf of land at 14235 Lomitas Ave, east of I-605 and north of the 60 Fwy. It features four dock-high loading positions and 20’ of warehouse clearance.

Heger Industrial's Nick Arnst and Tom Holland, SIOR, CCIM teamed up with Michael Jeppesen of IPG to rep the buyer. Charles A. Johnson of Daum Commercial Real Estate Services represented the seller in the deal.





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