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California  + Inland Empire  + Industrial  | 
GID, a real estate owner and fiduciary, has acquired 401 Alabama St., a Class A, multi-tenant industrial warehouse located in Redlands, California

GID Acquires Multi-Tenant Redlands Industrial

GID, a real estate owner and fiduciary that invests in multiple asset classes, has acquired 401 Alabama St., a Class A, multi-tenant industrial warehouse located in the Inland Empire community of Redlands. The seller and acquisition price weren’t disclosed. 

The 95,500-square-foot building is situated with access to Southern California’s dense population centers, including Los Angeles, Orange, San Bernardino and Riverside Counties. Built in 2017, the property includes 12 docks, including three drive-ins, with 30-foot clear heights.  

According to CBRE, which arranged the sale, the property is 100% triple-net leased to Camso USA and Alli & Rose, with 3.4 years WALT and below-market rents 

401 Alabama is GID’s second industrial acquisition in Southern California. The company recently acquired a three-building industrial park in the East San Gabriel Valley. 

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

  • ◦Sale/Acquisition
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