Westcore Picks Up Warehouse in Santa Fe Springs
Westcore Properties acquired a 74,038-square-foot warehouse building in Santa Fe Springs, CA from Chicago-based Bridge Development for an an undisclosed amount. The purchase marks a return for Westcore to the Los Angeles industrial market after an 18-month hiatus.
The San Diego-based firm plans to immediately add approximately 5,000 square feet of speculative office space to the vacant warehouse building, as well as making limited upgrades to the existing structure located at 13915 Maryton Ave.
Colliers International’s Scott Heaton and Chris Sheehan represented both parties in the transaction.
“This state-of-the-art facility is a strategic fit in today’s market, as it is the only modern building of its size available along the Santa Ana (5) Freeway corridor, spanning from the City of Commerce all the way south to the North Orange County marketplace,” said Heaton.
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