Bridge Keeps Finding Industrial Development Sites

The property is located at 825 South Ajax Avenue in the City of Industry.

LOS ANGELES—It seems impossible, but Bridge Development has managed to snag another industrial development site in infill Los Angeles. The developer has purchased a nearly 20-acre land site located at 825 South Ajax Avenue in the City of Industry, and is building a 429,840-square-foot spec industrial building. It is scheduled for completion in October of this year.

“Industrial vacancy in the San Gabriel Valley is below 1%, and planned development of buildings over 200,000 square feet in Los Angeles County is very limited,” Brian Wilson, a principal at Bridge Development, tells GlobeSt.com. “At over 400,000 square feet Bridge Point Industry is uniquely positioned among very few competitors across the dynamic tenant base of Los Angeles. The buildings state-of-the-art characteristics will appeal to innumerable tenants seeking increased operational efficiencies the new facility affords.”