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Staley Point Capital And Bain Capital Real Estate Acquire Santa Fe Springs Industrial Property For $12.8M

by benzinga.com posted 2weeks ago 85 views
LOS ANGELES and BOSTON, July 15, 2021 /PRNewswire/ -- Staley Point Capital ("Staley Point"), a value-add investor focused on industrial properties in Southern California, and Bain Capital Real Estate, the real estate investing business of Bain Capital, today announced the acquisition of 11804 Wakeman Street, a 55,000 square-foot industrial infill property in Santa Fe Springs, California, for $12.8 million. The transaction, which represents a purchase price of $233 per square-foot, is the joint venture's third investment in the local Santa Fe Springs area.

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