Rexford Industrial Trades 100,000 SQFT Valencia Building for $31MM at $310 Per Square Foot

The single-tenant, fully-leased industrial building in the Greater San Fernando Valley submarket sold to an owner-user as Rexford accelerates capital recycling. Rexford Industrial Realty has sold 9010 Avenue Paine, a 100,157-square-foot industrial building in Valencia, for $31 million, or $310 per square foot, to an owner-user. The 100 percent-leased, single-tenant property traded on March 17 […]