West

A partnership between the Southern Land Co. and GTIS Partners acquire a shovel-ready land site to build a 324-unit complex.

According to Stan Johnson's Lanie Beck, industrial is an exciting sector with every subset from manufacturing to bulk warehouse to last-mile fulfillment and distribution playing their part.

The acquisition of well-positioned assets in high-barrier-to-entry markets was supported by desirable locations, recent capital investments, stable operating performance and a mix of high demand drivers.

The 1.2 million-square-foot property is the third largest senior housing complex in the State of California.

LPC invested substantial capital into the project in not only the design features but indoor and outdoor amenities focused on health and social engagement while being mindful of the property's architecture.

The investor buys a 200,000-square-foot facility in El Segundo in the markets' historic aerospace research and manufacturing hub.

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Los Angeles apartment rents are growing slower than the national average of 1.6% annually.