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Rexford opts to sell, not build, Los Angeles industrial site amid co-warehousing deal

WareSpace deal comes as developers remain wary of speculative development
WareSpace will convert the single-user warehouse at 13711 Freeway Drive in Santa Fe Springs to accommodate up to 100 separate users requiring small bay spaces. (CoStar)
WareSpace will convert the single-user warehouse at 13711 Freeway Drive in Santa Fe Springs to accommodate up to 100 separate users requiring small bay spaces. (CoStar)

A stalled redevelopment site in Santa Fe Springs is becoming a case study in how industrial strategies are changing as Southern California’s warehouse market cools.

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