EverWest nabs three buildings in City of Industry

Bedding manufacturer sold the site for $21M

TRD LOS ANGELES /
Aug.August 28, 2017 05:00 PM
Warehouse at 341 Baldwin Park Blvd (credit: LoopNet)

EverWest Real Estate Partners picked up a three-building industrial complex in the City of Industry for $20.9 million, or $126 a square foot, the company announced this month.

The seller, textile manufacturer Amrapur Overseas, purchased the 165,680-square-foot property at 341-345 Baldwin Park Boulevard for $16.4 million in December 2015.

EverWest’s portfolio includes properties in Chicago, Boston and Phoenix. This marks its fourth commercial investment in California for EverWest in the last two years, according to its website.

The real estate investment and management firm acquired the industrial distribution site in an off-market transaction on behalf of one of its clients, the company said.

Lee & Associates had the listing. Colliers International represented the buyer.


Related Articles

arrow_forward_ios
First District Supervisor Hilda Solis (Credit: Rebecca Sapp/Getty Images)

LA County select reopening target date for restaurants and retailers

LA County select reopening target date for restaurants and retailers
Eric Garcetti orders a moratorium on LA commercial evictions (Photo credit: iStock photo)

Garcetti orders a moratorium on commercial evictions in LA

Garcetti orders a moratorium on commercial evictions in LA
LA promo

Coming Soon: The Real Deal Los Angeles’ Winter 2020 issue!

Coming Soon: The Real Deal Los Angeles’ Winter 2020 issue!
From left: Howard Schwimmer and Michael S. Frankel, with 1601 W. Mission Boulevard and 2757 E. Del Amo Boulevard (Credit: Google Maps)

Rexford Industrial adds to LA portfolio with $100M in acquisitions

Rexford Industrial adds to LA portfolio with $100M in acquisitions
Andrew McDonald and At Mateo in the Arts District

Cushman’s West Coast chief talks expansion, DTLA market, the death of the starving baby broker & more

Cushman’s West Coast chief talks expansion, DTLA market, the death of the starving baby broker & more
3339 Exposition Blvd. and Asher Luzzatto

Luzzatto Co. assembling creative office hub in West Adams

Luzzatto Co. assembling creative office hub in West Adams
Jason Illoulian and the Cemex plant

Faring makes $30M assemblage play on WeHo/LA border

Faring makes $30M assemblage play on WeHo/LA border
From left: Nuveen CEO Vijay Advani, Graymark founder/CEO Brian Hecktman

Graymark, Nuveen pay $97M for El Segundo creative office

Graymark, Nuveen pay $97M for El Segundo creative office
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...