Magellan Gateway The property has five buildings that total 501,270 square feet.

LOS ANGELES—The Magellan Group has completed Magellan Gateway, the first infill industrial project in the San Gabriel Valley in eight years. Located in El Monte, the $55 million development brings 501,270 square feet of industrial product to the heavily supply constrained market. The property has a total of five separate buildings, and already sold three of them during construction to the Gill Corp., Jans Investment and Management and Dream Home Temple City Boulevard. Magellan Gateway is state-of-the-art with 26- to 30-foot clear heights, dock-high and grade-level loading, concrete driveways and truck courts, T5 warehouse lighting, flexible column spacing, finished ground floor office spaces and ample mezzanine space, and it is LEED certified.

This is an exciting new development for a market with all-time low vacancy rates for industrial and increasing demand for product. To find about more about the development, why it is so difficult to build in this market and about Magellan’s vision for the property, we sat down with Kevin Staley, co-founder of the Magellan Group, for an exclusive interview.

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Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.

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