A Los Angeles firm has paid nearly $100 million for a Commerce industrial portfolio in the latest sign that long-term investors are still betting on such properties in the region despite rising vacancies and tariff uncertainty.
REIT sells five-property portfolio in high-ticket Los Angeles industrial deal
Palisade Group's purchase signals long-term logistics confidence
CoStar News
May 30, 2025 | 8:12 P.M.
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IN THIS ARTICLE
- Properties
- Building 1
3412 Garfield Ave, Commerce, CA
- Building 5
3424 Garfield Ave, Commerce, CA
- Building 2
3364 Garfield Ave, Commerce, CA
- Building 3
3330 Garfield Ave, Commerce, CA
- Building 4
3300 Garfield Ave, Commerce, CA
- Companies
- Terreno Realty
Real Estate