A 7,100-square-foot industrial asset in the Arts District has sold for $4.4 million.

The warehouse property, located at 2133 Bay St., was acquired by a developer, manufacturer and distributor of branded apparel and other merchandise, according to the downtown-based brokerage Daum Commercial Real Estate Services.

“This property was situated in an ideal location for our client,” said Ryan Judd, an associate specializing in industrial and creative offices spaces at Daum. “The Arts District is a highly sought-after region that has become a creative hub for a variety of businesses. This acquisition positions the new owner-user near the artists and brands that comprise their client base.”

Judd represented the undisclosed buyer in the sale, along with Daum associate Lindsay Park, who noted that the sale happened rather quickly amid a competitive central market.

“This was an in-demand property that was on the market for less than a week,” Park added. 

Chad Maxner of Maxner Real Estate represented the seller, Part-Rosin Properties LLC.

Known for its arts scene, the neighborhood is experiencing an abundance of construction.

 Some of the major projects in development include the Arts District Center, a 12-story structure consisting of 129 condominiums and 113 hotel rooms; Alloy, which at 35 stories is set to become the Arts District first high-rise and will feature 475 apartments, 105,000 square feet of office space and 18,000 square feet of retail; and Ava Arts District, a mixed-use project that replaced a cold-storage facility and will now become 475 apartments over 61,000 square feet of ground-floor commercial space, according to Urbanize.