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Big Industrial Owner Buys More Los Angeles-Area Properties Despite Sales Slowdown

Rexford Acquires Buildings in Santa Clarita, Long Beach and Gardena
Rexford Industrial Realty bought roughly 220,000 square feet of industrial properties at 27712 and 27756 Avenue Mentry in Santa Clarita, California. (Colliers)
Rexford Industrial Realty bought roughly 220,000 square feet of industrial properties at 27712 and 27756 Avenue Mentry in Santa Clarita, California. (Colliers)
CoStar News
August 24, 2023 | 8:36 P.M.

One of Southern California's biggest industrial real estate buyers has gobbled up more property despite a pullback in general on commercial real estate deals this year due to rising interest rates and economic uncertainty.

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