Closed: 65,000 SF on S Alameda St sells for $11.13M
In June 2018 Global CRE represented the seller of 6911 S Alameda St, a new 65,000 SF building in Los Angeles that sold for $11,130,500.
Sources
Global CRE transaction records; public sale records
$11.13M
Sale price
~$171/SF
Price per building SF
65,000 SF
Built 2018, 2.35 acres
The transaction
In June 2018, Global CRE represented the seller of 6911 S Alameda St, a 65,000 SF commercial building in Los Angeles completed that year, which sold for $11,130,500, roughly $171 per SF. The property sits on 2.35 acres along the Alameda corridor.
- Closed: June 2018.
- Seller representation: Global CRE.
- Buyer: PS Southern California One, Inc.
- Building: new construction, 2018.
- Site: 2.35 acres.
Why it matters
New product on the Alameda corridor is rare, and the corridor's direct rail and truck links to the ports keep demand steady from logistics and storage users.
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