LOS ANGELES, CA-Westcore Industrial Properties, a private investment firm based in San Diego with regional offices in Los Angeles, has placed a 3.1-million-sf portfolio on the market.

CB Richard Ellis brokers marketing the properties decline to state an asking price, but a portfolio of this size could easily command $230 million to $250 million at today’s prices for comparable properties.

The portfolio includes nearly 2 million sf in Los Angeles County, broker Darla Longo of CB Richard Ellis tells GlobeSt.com, plus 827,000 sf in San Diego County, nearly 174,000 in Northern California, about 125,000 sf in Orange County and 40,000 sf in Arizona. Longo is part of a CB marketing team including Nick Psyllos and Barbara Emmons.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


NOT FOR REPRINT

© 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.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.