Rexford Snags LA-Area Industrial Property

The newly constructed building features four units and is fully leased to two tenants. The company purchased the property using its line of credit.

Rexford Industrial Realty acquired an industrial property in the San Gabriel Valley submarket of Los Angeles. The company used its line of credit for the $14.6 million purchase.

The 87,421-square-foot, Los Angeles-area industrial building is located at 4832 Azusa Canyon Road. The newly constructed, four-unit asset sits on 3.5 acres and feature 28-foot clearance, ESFR fire sprinklers, eight dock doors and LED motion sensor lighting…

Rexford Snags LA-Area Industrial Property

Categories : Private Equity

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