Los Angeles Los Angeles

EverWest Real Estate Investors has acquired 181,730-square-foot industrial warehouse in Los Angeles for $38.5 million. The property traded hands in a sale leaseback transaction with Newegg.

Situated on 8.1 acres, 17708 Rowland Street is in City of Industry, a Los Angeles industrial suburb in the San Gabriel Valley region of Los Angeles County. This high barriers-to-entry location is within a distribution hub and the San Gabriel Valley Industrial submarket. 17708 Rowland Street has easy access to the SR-60, SR-57, I-10 and I-605 Freeways and is within 35 miles of Los Angeles International Airport and Ports of Los Angeles and Long Beach.

The JLL Capital Markets team representing the seller was led by SVP Ryan Sitov and executive managing directors Mark Detmer and Bo Mills.

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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.