Southern California industrial product has been the center of attention lately due to retailers closing storefront operations and a transition to e-commerce. Retailers and e-commerce operations are seeking additional warehouse space to account for the surge in online demand while occupancy climbs to all-time highs.

Chase Partners Logistics Fund recently closed on a 25,000-square-foot industrial warehouse in an infill submarket of Ontario. Fund directors say the property is “a great addition” to its growing portfolio.

“We love the fundamentals in this market and are excited by all of the opportunity that we are seeing out there,” says Mark Panattoni, Chase Partners managing director.

The Chase Partners Logistics Fund I is gaining velocity as it positions itself to capture more of the rapidly growing industrial segment. The Fund is looking for core properties in these key submarkets in Southern California.