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Gigabyte Technology Buys LA County Industrial Building
Daum Commercial Real Estate Services has directed the acquisition of a 56,000-square-foot, Class-A industrial asset in City of Industry, CA. The firm’s Nathan Lara represented the buyer, Taiwan-based Gigabyte Technology, which plans on using the building for their own business purposes. Terms of the deal were not disclosed.
“In the past year, there were only a handful of user sales on spec development within the Greater Los Angeles and Inland Empire market,” said Lara in a news release. “Users seeking building ownership can still acquire within these regions, but must be willing to be creative, proactive and move quickly.”
The freestanding building, located at 1020 Wallace Way, is situated on 2.5 acres and features 30’ clear height, five dock-high loading positions, one ground-level door and 91 parking spaces. It also has 800 amps of power coupled with the newest LED security lighting and technology.
- ◦Sale/Acquisition
