CenterPoint Acquires 6.8-Acre Site on West Coast
Posted By Staff Writers On November 15, 2017 @ 11:43 am
OAK BROOK, IL – CenterPoint Properties is pleased to announce the acquisition of a 6.8-acre site at 16627 South Avalon Boulevard in Carson, CA. Daniel Reaume and Rustin Mork of Realty Advisory Group, Inc. represented CenterPoint in the transaction.
“This site is a strategic asset, located in the heart of the South Bay submarket,” said Ryan Dunlap, Senior Vice President of Investments at CenterPoint. “Given its proximity to Los Angeles’ dense population, we are excited to acquire this property in a thriving, e-commerce region.”
The site includes 84,620 SF of buildings and is currently fully leased to three tenants. With four points of access and excess yard storage, the site is logistically-advantaged. Strategically situated within 50 miles of 16 Million people, the property is positioned two miles from Route 91 and three miles from I-110. In addition, the site is located 14 miles from the Ports of Los Angeles and Long Beach, 13 miles from Los Angeles International Airport and 16 miles from BNSF / UP intermodals. Property features include 121 car parking spots and 150 bus/trailer parking spots.
About CenterPoint Properties
CenterPoint Properties is focused on the development, acquisition and management of industrial property and transportation infrastructure that enhances business and government supply chain efficiency. The Company invests in major coastal and inland port logistics markets anchoring North America’s principal freight lanes. CenterPoint‘s portfolio includes 58 Million SF and 2,363 acres under development in the Company’s integrated intermodal industrial parks. For more information on CenterPoint Properties, visit centerpoint.com or follow @centerpointprop on Twitter.