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California  + Los Angeles  + Industrial  | 
Cushman & Wakefield advised on the sale of Azusa Industrial Center, acquired by IDS Real Estate Group for $126 million

IDS Snags Fully Leased Azusa Industrial for $126M

Cushman & Wakefield advised on the sale of Azusa Industrial Center, a 432,500-square-foot, three-building industrial project located in Azusa. Built during the mid-1980s and situated on over 23.6 acres, the multi-tenant property is 100% leased and was acquired by IDS Real Estate Group for $126 million.

A Cushman & Wakefield team of Jeffrey Cole, Jeff Chiate, Rick Ellison, Mike Adey, Brad Brandenburg, Matt Leupold, and Bryce Aberg represented the seller. Phil Lombardo and Chris Tolles with Cushman & Wakefield also provided local market leasing expertise.

“Azusa Industrial Center is a strong-performing and rare ultra-core infill industrial asset with a premier San Gabriel Valley location that is fully leased to four high quality tenants across a variety of key industries, including warehousing/distribution, logistics and food & beverage,” said Cole. “Offering a flexible range of suite sizes, the property offers a ground-zero industrial logistical location.”

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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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