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LOS ANGELES COUNTY NEWS
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City of Industry Distribution Facility Trades for $16.5 Mil

1/25/24

West Harbor Capital spent $16.5 mil on a 69.5k sf ($237/sf), multi-tenant distribution facility in the City of Industry in an all-cash transaction. The property is located at 14313-14351 E Bonelli St.

The property benefits from a centralized Los Angeles location with immediate freeway access that is ideal for active “final mile” logistics operations. Situated in western City of Industry, this property is attractive to users from the San Gabriel Valley, Central Los Angeles and the Mid Counties.

At the time of sale, the property had a 28.2k sf vacancy with 41.3k sf leased to two logistics tenants. The buyer plans to modernize the property and reposition the current vacancy.

Lee & Associates’ Steffan Morris and Eric Parkhurst represented West Harbor Capital in the deal. CBRE’s Kent Stalwick repped the seller, Earl M. Hill Limited Partnership.






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