X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

RANCHO DOMINGUEZ, CA-A wood products firm has purchased an industrial building for $3.5 million and a transportation firm has acquired another industrial property for $2.1 million.

West Wood Products purchased the larger of the two buildings, a 91,000-sf structure at 2943 E. Las Hermanas St. for $3.5 million, according to Frank Hillebrand of Grubb & Ellis Co.’s South Bay office in Torrance. Hillebrand and John Lasiter, also of Grubb & Ellis’ South Bay office, represented the buyer and the seller, New York-based Sequa Corp. The freestanding brick building will house the firm’s headquarters, sales offices and distribution operation. The company has relocated to the new building from a 15,000-sffacility in Paramount.

In the second deal, transportation firm Total Intermodal purchased a 37,276-sf industrial building at 19118 S. Reyes Ave. for $2.1 million from private investors based in Rancho Dominguez. Total Intermodal is slated to occupy the building in September. The company is relocating from Carson. Hillebrand and Lasiter represented the seller, with Jack Karp of National Properties Group in Gardena representing the buyer.

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
  • 3 free articles* across the ALM subscription network every 30 days
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

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 © 2020 ALM Media Properties, LLC. All Rights Reserved.