Chatsworth warehouse A 221,842-square-foot industrial facility leased by Amazon.com Inc. in Chatsworth has sold for $74 million, or roughly $334 per square foot.
Intercontinental Real Estate Corp. purchased the distribution building, which is located at 20730 Prairie St., from Xebec Realty Partners.
According to a CoStar Group report, the deal was brokered by Darla Longo, Barbara Perrier, Brett Hartzell, Joe Cesta, Rebecca Perlmutter, Eric Cox, Bennett Robinson and Gregg Haly of CBRE on behalf of Xebec Realty Partners while buyer Intercontinental represented itself in the transaction.
Xebec acquired the vacant industrial site, currently fully occupied by Amazon on a triple-net lease, in December 2018 for $37 million, or roughly $167 per square foot. Soon after, the developer revitalized the warehouse, completing the work last year.