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NAI Capital Negotiated a Two-Building 37,800 SF Sale in the San Gabriel Valley


Los Angeles, CA, February 20, 2018- NAI Capital Executive Managing Director Ryan Campbell, SIOR represented the buyer, a private investor, in the purchase of a two-building warehouse property totalling 37,800 SF in San Dimas, Calif. The seller was Farmers and Merchants Trust Company of Long Beach. The total sale price was $4,158,000 or $110 per square foot.

The sale included two multi-tenant buildings located at 712-722 West Cienega Avenue. Each building is a free standing industrial warehouse facility situated on a total of 2.8 acres. 712 West Cienega Avenue is 8,800 square feet, divisible into three units. 722 West Cienega Avenue totals 29,000 square feet and is also divided into three units. The property has a fenced yard and ample parking. It has great visibility from the street and freeway with excellent access to the 57 Freeway. At the time of the sale the project was 60% leased.

Campbell said, “This is an excellent, well located warehouse property. The inventory of well-located industrial product remains scarce, my client was excited to add this to their portfolio.”

About NAI Capital

NAI Capital is the largest independently owned full service commercial real estate firm headquartered in Southern California. As one of the largest members of NAI Global, the premier managed commercial real estate service network with 400 Offices and 7,000 market leaders spanning the globe, NAI Capital provides a complete range of transaction, valuation, investment, property management and consulting services. By leveraging our local expertise with our global reach, NAI Capital offers innovative, customized solutions and seamless service to owners, tenants, investors and developers throughout Southern California. NAI Capital clients have built their businesses on the power of our expanding network. We are a dynamic growing commercial real estate company. At NAI Capital we work together putting our clients first.

NAI Capital Brokerage CA BRE #01990696.

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About NAI Global

NAI Global is a leading global commercial real estate brokerage firm. NAI Global offices are leaders in their local markets and work in unison to provide clients with exceptional solutions to their commercial real estate needs. NAI Global has more than 400 offices strategically located throughout North America, Latin America, Europe, Africa and Asia Pacific, with over 7,000 local market professionals, managing in excess of 425 million square feet of property. Annually, NAI Global completes in excess of $20 billion in commercial real estate transactions throughout the world.

NAI Global provides a complete range of corporate and institutional real estate services, including brokerage and leasing, property and facilities management, real estate investment and capital market services, due diligence, global supply chain and logistics consulting and related advisory services.

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