Freshly renovated, located in northern Los Angeles County and 100 percent leased, a 27-acre industrial distribution/e-commerce facility has changed ownership, with a sale of an undisclosed amount.

Cushman & Wakefield advised Greenlaw Partners, a Southern California-based real estate operating company, in the disposition sale of the 130,392-square-foot complex. Originally built in 1998, the facility at 600 W Technology Dr. in Palmdale recently underwent extensive renovations, both inside and out. A Fortune-10 e-commerce company is the present tenant.

Jeff Chiate, Jeffrey Cole, Mike Adey, Ed Hernandez, Brad Brandenburg and Matt Leupold of Cushman & Wakefield’s National Industrial Advisory Group represented the seller in the transaction.

“This is a high-grade logistics property supported by a superior credit tenant creating a stabilized asset with secure cash flow,” said Jeff Chiate, Vice Chairman.

The City of Palmdale provides direct access to SR-14 (Antelope Valley Freeway) and Highway 138, as well as rail access via the Southern Pacific Transportation Company, making it readily accessible to commuters and users.