
MDH Partners Expands Inland Empire Industrial Portfolio
Atlanta-based MDH Partners has made its second industrial purchase in California this month, acquiring Knox Logistics Center in Perris. The 147,354-square-foot, Class-A industrial building is leased by Hardwoods Specialty Products.
“With the acquisition of Knox Logistics Center, we are gaining a state-of-the-art industrial asset located in one of the most sought-after markets in the country,” said Hawley, vice president of acquisitions at MDH Partners. “The Inland Empire market is an extremely strategic market for us that speaks to our overall strategy of acquiring Class-A assets at a compelling basis in high-growth markets. We remain bullish on the Inland Empire.”
Knox Logistics Center at 17618 Harvill Avenue was built in 2017. The property features 89 parking spaces, ESFR sprinkler systems and 32-foot clear heights.
Houston Hawley and Georga Rowe were the leads for MDH Partners. Jeff Chiate, Rick Ellison, Mike Adey, and Matt Leupold with Cushman & Wakefield represented the seller.
- ◦Sale/Acquisition