REBusinessOnline

Cushman & Wakefield Brokers Sale of 337,125 SF Industrial Project in Los Angeles County for $76.8M

14001-14051-Rosecrans-Ave-La-Mirada-CA

Located at 14001-14051 Rosecrans Ave. in La Mirada, Calif., the two-building property features 337,125 square feet of Class A industrial space.

LA MIRADA, CALIF. — Cushman & Wakefield has arranged the sale of an industrial infill project located at 14001-14051 Rosecrans Ave. in La Mirada. Clarion Partners, on behalf of a separate account client, acquired the property from Bailard Inc. for $76.8 million, or $228 per square foot.

Spanning 14.4 acres, the two-building, 337,125-square-foot project features 30-foot clear heights, an ESFR fire sprinkler system, large truck courts and street frontage along Rosecrans Avenue.

Jeff Chiate, Jeffrey Cole, Mike Adey, Ed Hernandez and Brad Brandenburg of Cushman & Wakefield’s Irvine, Calif., office represented the seller in the deal.

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