Annapolis, Md. (September 9, 2020) – Realterm Logistics closed on the acquisition of a newly renovated, mission critical 130,000 SF final mile distribution facility in the South Bay region of Los Angeles. The unparalleled logistics advantages of this property provide crucial, last-mile services to 3.2 million residents within a 15-mile radius. The property benefits from efficient access to I-110 and I-405. The facility is fully leased.

Highlights of the property include:

  • Square feet: 130,200 SF
  • Land area: 14.03 acres
  • Access: I-110 – 3 miles; I-405 – 4 miles; The Ports of LA & Long Beach – 11 miles; LAX Airport – 13 miles

Newmark Knight Frank facilitated the sale, led by Bret Hardy, Jim Linn, Andrew Briner, John McMillan and Danny Williams.

Derek Fish

Senior Vice President, Investments,

Ben Andreycak

Vice President, Investments, United States