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.