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Prologis Picks Up Industrial Park in Westminster
Prologis acquired a 10-building industrial park located on Fenwick Lane in Westminster, CA. The 264,847-square-foot property was sold by CMSS Ventures, LP for an undisclosed amount.
Prologis’ Darren Kenney says, “We are continually looking for opportunities to expand our 6.63 million square-foot portfolio in the Orange County submarket. Currently, a fully-leased business park with light industrial customers, the 12-acre Fenwick site is a strategic acquisition where we see long-term potential for customers that want to be where consumption is high.”
JLL’s Louis Tomaselli, Steve Wagner and Zach Niles represented the buyer in the transaction. Lee & Associates’ Curt Stalder advised the seller.
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- ◦Sale/Acquisition


