The property was acquired in 2 separate transactions from 2 different sellers in March and June of 2018. At the time of acquisition the property was passively managed by both Sellers with deferred maintenance and 30% vacancy, In place rents from the 44 tenant spaces averaged $8.31 per square foot industrial gross. The photo above is “Before”

Resource

Contact

Office

1903 Harriman Lane, Suite B
Redondo Beach, California 90278 US