Spec Industrial Hits Market in La Verne

Colliers EVP Scott Heaton (snapped in his office) says the two buildings, which total about 83k SF, are up for sale or lease. Demand for any industrial product has been high over the last 18 months as vacancy has been between 2% and 3%, he notes. Pico Rivera-based CEG Construction is behind the buildings on Palomares Drive, which were constructed to offer custom build-out options. 

The larger of the two concrete tilt-up buildings totals 50k SF on 2.3-acres and features 26' ceiling clearances, a completely secured truck court, four dock-high loading doors and 72 parking spaces. The second structure totals abut 33k SF on 1.5-acres. It has similar features and parking for 46 automobiles. Colliers' Joseph Williams is sharing the listing on the two buildings, expected to be complete in Q1.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Los Angeles Newsletters
Related Stories

Camden Property Trust Sells West Coast Portfolio, Clears $1.5B Target

Developers Riding The Surf Park Wave With Resorts, Retail And Residences

Philly's Big-Box Warehouse Owners Subdivide Spaces After Developing 'The Wrong-Size Buildings'

Blackstone Sells $1B Industrial Portfolio To Atlanta-Based Investor

Oyster Point's Second Phase Half-Leased As Kilroy Navigates Soft Lab Demand

Redevco Buys 560K SF Jaguar Land Rover Logistics Hub In UK IOS Push

Immigration Crackdowns Dealt LA Businesses A Multimillion‑Dollar Blow

Fined For Rotting Food At Burned LA Cold Storage Warehouse, Lineage Plans To Rebuild

Americold Abandons Automated Warehouse Partnership

Rexford Planning Up To $2B In Dispositions This Year

Logos Faith Development Plans 15 Groundbreakings In 3 Years: The Los Angeles Deal Sheet

Industrial Consolidation Continues With European Giants Agreeing To $15B Merger