REBusinessOnline

72,862-SQUARE-FOOT INDUSTRIAL FACILITY FETCHES $12.4 MILLION

SAN DIEGO — William Anderson and Matthew Brothers of Marcus & Millichap represented the undisclosed buyer in the acquisition of Bekaert Specialty Films II for $12.4 million or $170 per square foot. Located at 4540 Viewridge Ave. in San Diego, the property offers 72,862 square feet of industrial warehouse space. Bekaert has 3 years remaining on a triple-net lease structure with 3 percent annual increases. Joshua Volen and Andrew John Slade, also of Marcus & Millichap, represented the seller, which was not disclosed.

Content Partners
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