The Small Space Marketplace

List Your Space

Find Space

Home About Us Executive Subscriber Membership RENTV Conferences Newsletter Contact Us Advertise
August 13, 2020
 Search RENTV
   Go!
 Video Programs
 News
News Home Page
Southern California
Northern California
Pacific Northwest
Texas/Southwest
Retail
Multifamily
Financing
Prop. Management
Archives
Press Releases
 R. E. Marketplace
Service Providers
JobWorks
Property Spotlight
 RENTV  Conferences
Subscriber Login:
  
Email      
    Go!
Password      
Forgot Password?



SOUTHERN CALIFORNIA NEWS
Printer-friendly Version   Email an Associate
City of Industry Warehouse Property Trades in $38.5 Mil Sale/Leaseback

1/10/20

EverWest Real Estate Investors LLC acquired a 181.7k sf industrial warehouse property in the City of Industry in a sale-leaseback transaction valued at $38.5 mil. The deal included a 10-year leaseback with the property seller, Newegg Inc, a leading tech-focused e-retailer in North America.

The property sits on 8.1 acres at 17708 Rowland St in City of Industry, an industrial suburb in the San Gabriel Valley region of Los Angeles County. This high barriers-to-entry location is within a distribution hub and the San Gabriel Valley Industrial submarket. 17708 Rowland Street has easy access to the SR-60, SR-57, I-10 and I-605 Freeways and is within 35 miles of Los Angeles International Airport and Ports of Los Angeles and Long Beach.

Built in 1998, the building contains best-in-class features, including a 30-foot clear height; 26.7k sf of office space; skylights; reinforced concrete construction; ESFR sprinklers; 129-foot truck court; 26 dock doors; and two drive-in, grade-level doors. Newegg Inc. has owned and occupied the building as their corporate headquarters since September 2003.

Ryan Sitov, Mark Detmer and Bo Mills with JLL Capital Markets represented the seller in the transaction.





Return to the Archive page


 


 


 


 
 





Home | About Us | Newsletter | Contact Us | Executive Subscriber Membership | Executive Subscriber Home | Advertise
Southern California | Northern California | Pacific Northwest | Southwest | Retail | Multifamily | Financing | Property Management
Archives | Press Releases | Service Providers | JobWorks | Property Listings

Copyright © 2020 by RENTV, All Rights Reserved
Website designed by Regency Web Services, Inc. and powered by Lightning Media