California + Los Angeles + Industrial | May 8, 2023

Turnbridge Equities acquired a 3.6-acre Industrial Outdoor Storage site in Rancho Dominguez, California

Turnbridge Acquires Industrial Outdoor Storage Site in Rancho Dominguez

Turnbridge Equities, a vertically integrated real estate investment and development firm, acquired a 3.6-acre site located at 19500 Rancho Way in Rancho Dominguez for $25.5 million. This strategic acquisition marks an expansion of Turnbridge Equities’ Industrial Outdoor Storage (IOS) portfolio.

One of the key drivers behind this strategic acquisition is the property’s proximity to the ports of Los Angeles and Long Beach. The site also benefits from connectivity to the Southern California highway network and is within two miles of three major freeways – the 710, 91, and 405. It also abuts the Alameda Rail Corridor and is 1.8 miles from the Union Pacific Dolores Yard.

“The acquisition of this prime site in Rancho Dominguez aligns perfectly with our strategic vision of expanding our Industrial Outdoor Storage strategy in port-adjacent, infill, and high barrier-to-entry markets,” said Michael Gazzano, managing director of West Coast investments for Turnbridge Equities.

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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 13-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 15-20 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).

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