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Local Investor Snags Old Nestlé Cold Storage Facility in Los Angeles

Growing Online Grocery Orders Could Put Demand on Vacant Property
The industrial warehouse at 351 Cheryl Lane in Los Angeles County. (CoStar)
The industrial warehouse at 351 Cheryl Lane in Los Angeles County. (CoStar)
CoStar News
April 16, 2020 | 7:12 P.M.

Real estate investor LBA Realty acquired a former Nestlé cold storage facility in one of Los Angeles' tightest industrial hubs, positioning itself to capture demand for refrigerated space brought by a surge grocery sales amid the coronavirus pandemic.

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