Northwestern Mutual has sold the Los Alamitos Corporate Center, a 17-building industrial complex in the Mid-Counties industrial market, for $128.5 million to Alere, a pension fund.

The property is located at 4332-4478 Cerritos Avenue, 10541-10681 Calle Lee and 4392-4465 Corporate Center Drive, and it is 98% leased to 82 total tenants. The buildings range in size from 11,788 square feet to 134,186 square-feet.

CBRE's Darla Longo, Barbara Perrier, Brett Hartzell, Rebecca Perlmutter Finkel, Eric Cox and Laird Perkins represented the seller in the deal.

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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.