Taylor Arnett Taylor Arnett, VP Acquisitions for CapRock Partners

Central Los Angeles is one of the most sought-after industrial markets in the Los Angeles area, and with little developable land and a near 1% vacancy rate, the limited supply has tenants and investors fervently hunting for opportunities. CapRock Partners recently purchased a single-tenant property in Commerce, and it is planning to create value at the property by subdividing the 100% leased, 97,000-square-foot asset to create two industrial facilities on a single parcel.

“This is a great value-add opportunity as the property is a perfect candidate for a subdivision and sale to owner-users,” Taylor Arnett, VP acquisitions for CapRock Partners, tells GlobeSt.com. “Although it is on one parcel, it has two separate addresses and entrances, each with their own private loading and yard space, and it features freeway billboard income, solar panels, and visibility from the 710 Freeway and Slauson which is all attractive to owner-user buyers. The existing lease provides income in the interim, and the term is short enough that we feel confident that we can execute our plan in the near future and take advantage of the strength of the Central L.A. Market.”

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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.

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