LA Industrial Facility Secures $35M in Acquisition Financing

JLL Capital Markets has arranged $35 million in acquisition financing for 17707 S. Santa Fe Ave., a 132,000-square-foot industrial property in the Los Angeles submarket of Rancho Dominguez, CA. The firm’s Marc Schillinger worked on behalf of Flux Investments to secure the 10-year, fixed-rate bridge loan through a regional bank. The property was purchased from Bocks Canyon Holdings in a sale-leaseback transaction.

Built in 1973, the warehouse/distribution center is a rear-load building with 27’ clear heights, six dock doors and 120 parking spaces. Located near State Routes 91 and 47, the building is positioned within the highly sought-after Rancho Dominguez industrial region which features over 20 million square feet of industrial space, according to JLL.