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Frequent South Bay Investor CenterPoint Adds to Its Holdings
Returning to a market in which it’s been an active player, Illinois-based CenterPoint Properties has acquired a 91,342-square-foot warehouse in the heart of the South Bay submarket at 301 E. Alondra Blvd. in Gardena. The 3.7-acre rectangular property is leased to a regional manufacturer.
“CenterPoint was one of the most aggressive investors in the South Bay in 2021, and we’re hoping to increase that investment volume in 2022,” said Evan Lippow SVP of investments.
Added Ashley Vanacore, CenterPoint’s West Coast investment officer, “This is CenterPoint’s 11th asset in the immediate area, so it’s clear we greatly value this pocket of the L.A. Basin. Tenant demand for both warehouse space and land sites continues to be really, really strong.”
The Klabin Company’s Matt Stringfellow, Courtney Bell and Tyler Rollema brokered the transaction. In December 2021, CenterPoint bought a warehouse less than a mile away at 268 E. Gardena Blvd. in Carson.
- ◦Sale/Acquisition


