Beef jerky factory sold near L.A.

A beef jerky producer recently sold a 91,000-square-foot industrial property in Santa Fe Springs, Calif., for $12 million.

Tengu Corp., a subsidiary of the Neicheri Corp. of Japan, received $10.5 million for the sale of its building to Metropolis Partners and $1.5 million for the sale of specialized equipment.

The property is located on 4.4 acres at 14420 Bloomfield Ave.

The transaction achieved the highest value of any recent sale for a building of this size in the market, according to Transwestern, which brokered the sale.

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