Cushman & Wakefield’s National Industrial Advisory Group, as the exclusive advisor, is proud to offer the opportunity to acquire the 100% fee-simpleinterest in the California Industrial Portfolio (the “Portfolio”).
The Portfolio features a collection of five (5) high-quality, fully leased industrial buildings strategically positioned across some of the California region’s most infill, dynamic and highly sought-after industrial markets, including four assets in Southern California (Los Angeles & Inland Empire) and one asset in Northern California (Sacramento).
Spanning 744,575 RSF, the Portfolio is comprised of five (5) single-tenant buildings. The Portfolio boasts 100% occupancy with a weighted average lease term (WALT) of 5.8 years.
The staggered lease expirations create an attractive opportunity for
investors to capitalize on rental increases over time and steadily grow net
operating income. With a WALT of 5.8 years the buildings offer an investor
the opportunity to acquire a portfolio of scale in premium infill locations
with steady cash flow.
Building sizes range from 34,324 to 275,243 RSF, with an average construction year of 1987. The properties feature modern industrial specifications, including ESFR fire sprinkler systems, average clear heights of 25’, expansive truck courts, concrete tilt-up construction, and abundant parking to meet tenant demand.
The California Industrial Portfolio will be delivered free and clear of existing financing and offers a rare opportunity to acquire an institutional quality collection of assets in some of the nation’s most supply-constrained logistics hubs.
This portfolio is part of the Western U.S. Industrial Portfolio. For Portfolio information, please reach out to Jeff Chiate, Will Strong, or Jud Clements