#industrial-properties

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therealdeal.com
1 month ago
LA real estate

Rexford Leases Simi Valley Warehouse to River Plate

River Plate leased a 136,000-square-foot warehouse in Simi Valley for $15.6 million.
Rexford Industrial Realty acquired 3 million square feet of industrial properties in SoCal for $1 billion, adding 7% to its portfolio. [ more ]
therealdeal.com
1 month ago
LA real estate

TGS Management Plans Office-Warehouse Conversion in Irvine

TGS Management aims to convert a former university campus in Irvine into warehouses, marking a significant office-to-warehouse conversion.
Orange County has low industrial property vacancy rates, driving developers towards office-to-warehouse conversions in the area. [ more ]
therealdeal.com
1 month ago
LA real estate

Rexford Buys 48 Warehouses From Blackstone for $1B

Rexford Industrial Realty acquired 3 million square feet of industrial properties in Southern California from Blackstone for $1 billion.
Proceeds from corporate debt sales and cash on hand were used for the acquisition, skipping mortgage collateralization. [ more ]
therealdeal.com
4 months ago
LA real estate

Investors Hunger for prime LA Industrial Properties in 2023

Despite high interest rates and taxes, investors invested heavily in industrial properties in the Southern California market in 2023.
Price and rent growth for Los Angeles industrial properties slowed in 2023, but the market remains bullish with premium prices being paid for distribution or manufacturing space. [ more ]
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