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4/04/22
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Rexford Industrial Realty closed on the purchase of four SoCal industrial properties totaling 150.7k sf for $65 mil. The assets, located in Van Nuys, Carson, Vernon and Oceanside, were sold by New York-based New Mountain Capital.
17011, 17023 and 17027 S Central Ave, Carson |
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The properties were part of the so-called West Coast Cold Production & Storage Portfolio, which was comprised of six cold production and distribution assets strategically located in premier infill submarkets in California. All of the properties are currently leased to Arctic Glacier Co. The addresses are:
14243 Bessemer Street, Van Nuys
17011, 17023 & 17027 S Central Avenue, Carson
2970 East 50th Street, Vernon
2843 Benet Road, Oceanside
CBREs Vincent Polce, Robert Bickel, Barbara Perrier, Eric Cox and Rebecca Perlmutter represented the seller in the deal. According to Perrier, Arctic Glacier is owned by a well-capitalized equity sponsor The Carlyle Group and provides long-term security.
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