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International Tea Importers Sell Commerce Industrial Buildings

78,000-SF Portfolio Trades in $17.5 Million Sale Leaseback Deal
The industrial building on Davie Avenue was built in 1958 on 2.3 acres in the Commerce industrial market of Los Angeles County. (CoStar)
The industrial building on Davie Avenue was built in 1958 on 2.3 acres in the Commerce industrial market of Los Angeles County. (CoStar)
By James Young
September 22, 2021 | 7:11 P.M.

Longpoint Realty Partners acquired two industrial buildings in Commerce, California, for $17.5 million, or about $224 per square foot, from International Tea Importers.

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