Goodman Group Shoots for $3B in Assets Under Management

Goodman Group is taking aim at the Southern California logistics and warehousing industry, especially in the Inland Empire, where rising rental rates are a major attraction to industrial landlords.

Goodman, based in Sydney, Australia, is spending $3 billion on managing industrial assets in the places that are the strongest in this property type, and the Inland Empire is at the top of that list in the United States.

The company is also looking for assets in Los Angeles County, as well as central Pennsylvania and northern New Jersey.