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Rexford Acquires San Fernando Business Center for $118.1 Million

Barings Divests 592,000-SF Industrial Park
1145 Arroyo Ave. in San Fernando, Calif. Photo: CoStar
1145 Arroyo Ave. in San Fernando, Calif. Photo: CoStar
By Chris Bundy
CoStar Research
June 7, 2019 | 7:07 P.M.

Rexford Industrial Realty Inc. acquired the San Fernando Business Center, a five building industrial park in San Fernando, California, for $118.1 million, or about $200 per square foot, from Barings Real Estate Advisers.

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