AnthonyRozic
The Goodman Group is doubling down on theSouthern California industrial market. The investor has acquiredtwo of the largest industrial sites in the Los Angeles area. Thetwo properties total 127 acres and include the 90-acre Boeing C-17manufacturing facility and a 37-acre distribution facility. The twoacquisitions are part of the firm's strategy to target globalgateway cities.
“Goodman has identified Southern California as a core targetmarket due to its alignment with our global gateway city strategy,”Anthony Rozic, CEO of Goodman North America, tellsGlobeSt.com. “We target land and value add sites that are close toexpanding urban centers because by 2050, more than two-thirds ofthe world's population will live in urban cities.”
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
*May exclude premium content
Already have an account?
Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Kelsi Maree Borland
