Prologis Picks Up 29-Acre Industrial Site in Downey
Prologis, Inc. acquired Downey Industrial Center, a 29.16-acre industrial site in Downey, CA for an undisclosed amount. The seller was Downey Industrial Center, LLC.
The site is located at 9300, 9350, 3400 Hall Road and 9333, 9399, 9401 Stewart and Gray Road. It is one of the largest infill industrial sales in the area in recent years.
Kidder Mathews commercial real estate brokers Robert G. Thornburgh and Tom Holland represented both the seller and Prologis in the transaction.
Kidder Mathews’ Thornburgh says, “The sellers selected Prologis as the buyer due to their extensive experience and sophistication in acquiring industrial real estate similar to the Downey project.”
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