Cushman & Wakefield Brokers Sale of Southern California Industrial

RACHO DOMINGUEZ, CALIF., April 26, 2016 (Newswire.com) - Cushman & Wakefield has completed the sale of 3000 E. Via Mondo, a 120,000-square-foot industrial building in Rancho Dominguez. The commercial real estate services firm’s Irvine, Calif.-based team of Jeff Chiate, Jeffrey Cole, Rick Kaplan, John Tran, Rooney Daschbach and Rusty Smith represented both the buyer, Prologis, as well as the seller, Scholle Corp.

“We’ve never had greater interest in a single asset in the South Bay market than this one,” said Chiate.

Situated on 14.86 acres with freeway frontage, 3000 E. Via Mondo provides immediate access to the 91 and 710 freeways and has close proximity to the Ports of Long Beach and Los Angeles and the Alameda Corridor rail cargo expressway. Originally developed in 1966 and renovated in 2009 and 2012, it offers 18- to 32-foot ceiling heights and 69 dock-high loading positions. 

Cushman & Wakefield is a leading global real estate services firm that helps clients transform the way people work, shop, and live. The firm’s 43,000 employees in more than 60 countries provide deep local and global insights that create significant value for occupiers and investors around the world. Cushman & Wakefield is among the largest commercial real estate services firms with revenue of $5 billion across core services of agency leasing, asset services, capital markets, facility services (C&W Services), global occupier services, investment & asset management (DTZ Investors), project & development services, tenant representation, and valuation & advisory. To learn more, visit www.cushmanwakefield.com or follow @CushWake on Twitter.

Source: Caryl Communications