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Invest and Chill: Connecticut Firm Taps Into LA's Cold Storage Industrial Market

Penwood Real Estate Investment Management Spent Nearly $70 Million on a Commerce Property
A cold storage, food processing and distribution property at 5729-5743 Smithway St. in Commerce, California, was sold to a Connecticut real estate advisory firm. (CoStar)
A cold storage, food processing and distribution property at 5729-5743 Smithway St. in Commerce, California, was sold to a Connecticut real estate advisory firm. (CoStar)
CoStar News
April 6, 2022 | 6:21 P.M.

Demand for L.A. cold storage keeps accelerating along with sales prices for the properties.

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News | Invest and Chill: Connecticut Firm Taps Into LA's Cold Storage Industrial Market