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November 12, 2019
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SOUTHERN CALIFORNIA NEWS
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Prologis Acquires 265k sf Industrial Asset in Westminster

7/02/19

Prologis has acquired a 10-building, 264.8k sf industrial park in Westminster. The 12-acre property was sold by CMSS Ventures LP.

Developed in the mid to late 1970s, the campus is located at 7100, 7105, 7101-7115, 7125; 7130, 7150 7155, 7200 and 7201-7220 Fenwick Lane, north of Bolsa Ave and just east of the 404 Fwy. The complex is 100% leased and includes such tenants as B/E Aerospace, Walters Wholesale Electric, Amador Wholesale Toy, New Tech Plastics, and Mission Aerospace.

JLL’s team of Louis Tomaselli, Steve Wagner and Zach Niles represented Prologis in the transaction. Curt Stalder of Lee & Associates repped the seller in the deal.

“The Fenwick site is an ideal location for industrial distribution users with direct access to the I-405 Fwy and over 380 feet of direct freeway frontage,” said Wagner.





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