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.