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Positive Investments Sells City of Industry Portfolio to Hines

Industry Hills Business Center Sold for $50 Million
The 10,205-square-foot, multi-tenant warehouse at 16000-16010 Kaplan Ave. was built in 1980 on nearly half an acre in the City of Industry industrial market of Los Angeles County. (CoStar)
The 10,205-square-foot, multi-tenant warehouse at 16000-16010 Kaplan Ave. was built in 1980 on nearly half an acre in the City of Industry industrial market of Los Angeles County. (CoStar)
By Nicole Miller
CoStar Research
August 3, 2022 | 8:43 P.M.

Hines purchased the Industry Hills Business Center, a 10-building industrial park in City of Industry, California, for $50 million from Positive Investments.

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