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December 15, 2017
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LOS ANGELES COUNTY NEWS
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RREEF America Closes $27 Mil Industrial Buy in City of Industry

10/24/17

RREEF America LLC purchased Fortune Business Park, a 157.9k sf, multi-tenant industrial park in City of Industry, for $27.15 mil ($172/sf). The property, located at 13668 Valley Blvd, north of the 60 Fwy and just east of I-605, was sold by Columbia California Valley Industrial LLC.

Comprising seven buildings spread over more than seven acres, Fortune Business Park is fully leased to 12 tenants. The property occupies a sought-after in-fill location outside of Los Angeles and provides tenants with access to the 605 and 10 freeways.

JLL’s Bo Mills, Mark Detmer and Ryan Sitov represented the seller in the deal.




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