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California  + Los Angeles  + Industrial  | 

Bridge Sells Trio of Santa Fe Springs Industrial Assets

Bridge Development Partners, LLC sold three industrial properties totaling 224,000 square feet at Bridge Point Santa Fe Springs, a former abandoned dairy site. Two of the buildings were completed as build-to-suit developments for the companies that acquired them, while the third was sold to a real estate investment firm. Financial terms of the deals were not disclosed.

UniFirst Corp. acquired Building I, a 74,120-square-foot building on 3.57 acres at 13101 Rosecrans Ave. JLL’s Paul Sablock and Christopher Lawrence represented the tenant.

Novella Plastics acquired Building II, a 75,331-square-foot facility on 3.18 acres at 13123 Rosecrans Ave. Redpoint Realty’s Michael Lee represented the tenant.

Westcore Properties acquired Building III, a 74,038-square-foot building on 2.93 acres at 13915 Maryton Ave., upon completion of the shell. The building was subsequently leased to Carroll Tire Company, a division of Sumitomo Tire.

Colliers International’s Scott Heaton and Chris Sheehan represented Bridge in all three transactions, as well as the buyer in the sale of the third building.

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About Dennis Kaiser

Dennis Kaiser is Vice President of Content and Public Relations for Connect Commercial Real Estate. Dennis is a communications leader with more than 30 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect’s client content operations and is involved in a range of initiatives ranging from content strategy, message development, copywriting, media relations, social media and content marketing services. In his most recent corporate communications roles, he led a regional public relations effort across Southern California for CBRE, played a key marketing role on JLL’s national retail team, and was responsible for directing the global public relations effort at ValleyCrest, the nation’s largest commercial landscape services company. In addition to his vast commercial real estate experience, Dennis has worked on communications and launch strategies for a number of residential projects such as Disney’s Celebration in Florida, Ritter Ranch in Palmdale California (7,200 homes, 22,000 acres), WaterColor in Florida and PremierGarage in Phoenix. Dennis’s agency background included firms such as Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, BoyScouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and Thunderbirds Charities.

  • ◦Sale/Acquisition