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Overton Moore Lands Lathrop Industrial in JV with Invesco
Torrance-based Overton Moore Properties (OMP) acquired 18231 Murphy Parkway in Lathrop, CA in joint venture with Invesco Real Estate. The property comprises a single-tenant industrial building containing 118,056 square feet located on 11 acres of land.
The building is fully leased to Simwon America Corp., a Tier 1 supplier of Tesla, Inc. OMP plans to expand the current building by roughly 80,000 square feet for Simwon’s growing manufacturing demands.
Both parties were represented by Colliers International’s Mike Goldstein and Ryan McShane.
Goldstein says, “This was a fast moving, off-market opportunity that required a lot of attention and collaboration between the buyer, seller and tenant. OMP navigated the process seamlessly, Invesco understood the market and was able to act quickly to place capital, in light of the challenging market conditions relating to Covid-19.”
*Pictured Overton Moore’s Timur Tecimer
For comments, questions or concerns, please contact Dennis Kaiser
- ◦Sale/Acquisition


