Azusa Industrial Center acquired by IDS Real Estate Group
By: ethewlis | Jul 19 2023 at 11:53 AM Cushman & Wakefield announced the firm has advised the sale of Azusa Industrial Center, a ±432,500-square-fo...
By: ethewlis | Jul 19 2023 at 11:53 AM Cushman & Wakefield announced the firm has advised the sale of Azusa Industrial Center, a ±432,500-square-foot, three-building industrial project located in Azusa (Los Angeles), California. Built during the mid-1980s and situated on over 23.6 acres, the multi-tenant property is 100% leased and was acquired by IDS Real Estate Group for $126 million. Cushman & Wakefield's Jeffrey Cole, Jeff Chiate, Rick Ellison, Mike Adey, Brad Brandenburg, Matt Leupold, and Bryce Aberg of the firm's National Industrial Investment Advisory Group in Southern California represented the seller in the transaction.