LOS ANGELES—Western Realco has sold two newlyconstructed speculative industrial properties fora combined total of $14 million. These are the first newlyconstructed industrial buildings to trade hands in Los AngelesCounty this year. The buildings together have 96,464 squarefeet.

The sale of these two properties shows that the strong demand ofindustrial properties is not limited to big-boxfacilities. “The larger properties brought us out of therecession because a lot of the corporate users were demandinglarger buildings," Luke McDaniel, aJLL broker who represented the seller along withCameron Driscoll, tells GlobeSt.com. “I think thesmaller, local companies took a little more time to catch on andget out of the recessionary mode. Now, the sweet spot really isanywhere from 10,000 to 100,000 square feet for owner-usersales.”

Rockman Company USA acquired the firstbuilding, a 52,032-square-foot facility located at 12011 Smith Ave.in Santa Fe Springs, CA. The property has 30-foot clear heights andan ESFR sprinkler system. D & L CAHoldings acquired the second, smaller industrial property,a 44,432-square-foot property located at 12039 Smith Ave. in SantaFe Springs, CA, with a 26-foot clear height. Both buyers plan tooccupy the buildings.

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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.