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Investors Snap Up Recently Vacated Distribution Center in Suburban Los Angeles

Pharmaceutical Company Sells Property at 33% Discount
The Santa Clarita area is one of the few parts of the Los Angeles region with good highway access and an ample supply of open land, which has made it an active market for speculative development of logistics properties. (CoStar)
The Santa Clarita area is one of the few parts of the Los Angeles region with good highway access and an ample supply of open land, which has made it an active market for speculative development of logistics properties. (CoStar)
By Clare Kennedy
CoStar News
August 6, 2020 | 9:28 P.M.

The multinational pharmaceutical distributor AmerisourceBergen has sold off a warehouse in Santa Clarita, California, for $28.4 million, a bit of a bargain even for the north suburbs of Los Angeles.

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