Back to News

Harbor Associates, Evergen Equity Buy LA Industrial Site for $436 a Foot

December 4, 2023

Buyers mull Class A industrial outdoor storage facility for trucking and container uses

A joint venture is buying a 126,015-square-foot industrial site in Los Angeles, further demonstrating investors’ persistent appetite for warehousing space in Southern California.

Harbor Associates and Evergen Equity announced Monday they agreed to pay $55 million for four adjacent properties ranging in size from 17,000 square feet to 45,000 square feet on 7.5 acres in the South Bay city of Gardena. The site is next to the I-405/I-110 interchange and roughly 12 miles north of the Port of Los Angeles. 

Read More

Log In