Lee & Associates – LA North/Ventura, Inc. arranged the sale of 10643 Glenoaks Blvd., a 38,063-square-foot industrial property located in Pacoima. The Greater Los Angeles Vector Control District acquired the property for nearly... Read more »
Kidder Mathews SVP Kelly Betpolice represented a private investor in acquiring two large multi-tenant industrial parks in the San Fernando Valley. The client, Palatine Capital Partners, purchased the properties for $30,610,000. The properties... Read more »
Earnings season was not perfect for our industrial-focused portfolio companies, but we’re feeling pretty good about their prospects for the rest of the year. Shares of two of the five names finished... Read more »
Rexford Industrial Realty said it had acquired 5000 & 5010 Azusa Canyon Rd., Irwindale, located in the LA San Gabriel Valley submarket, through an off-market transaction for $84 million or $359 per square foot. The seller was not disclosed. The... Read more »
Industrial Outdoor Ventures (IOV) has leased a 0.9-acre portion of 4187 State St. in Montclair to Mission Steel Fabrication. The lease creates 100% occupancy at the 2.8-acre property, which is also leased... Read more »
Irvine, the fastest-growing city in Orange County, is seeing a rebound of industrial projects after decades of limited development. Nearly 2 million square feet of large industrial projects are either under construction... Read more »
Tishman Speyer and Mitsui Fudosan have spent $145.9 million on 32 acres of land in Irvine, as part of the firms’ joint venture to build new warehouses. The firms announced the deal... Read more »
Staley Point Capital, a value-add investor focused on industrial properties in Southern California, and Bain Capital Real Estate completed the sale of 18689 Arenth Ave., a newly renovated, 91,000-square-foot industrial asset in City of... Read more »
Despite high interest rates and the ULA transfer tax in the city of Los Angeles, investors poured big money into industrial properties in the Southern California market during 2023. But it wasn’t... Read more »
Terreno Realty Corporation, a Bellevue, WA-based acquirer, owner and operator of industrial real estate in six major coastal U.S. markets, sold an industrial property located in Compton for a sale price of... Read more »