1. Brokerage | Management | Investment
HEGER INDUSTRIAL TEAM
SUCCESSFULLY CLOSES $18.2 MILLION DOLLAR
INVESTMENT TRANSACTION
In a very tight marketplace with multiple
investors bidding for the property, our
Team helped Industrial Property Trust
(IPT) acquire this one of a kind property.
Achieve more with the right brokerage team.
Call Heger Industrial today at 323.727.1144
60,000 SF Commerce LEASED
21,060 SF Santa Fe Springs SOLD
21,360 SF Commerce LEASED
70,000 SF Downey SOLD
126,076 SF Bell Gardens SOLD
28,000 SF Vernon SOLD
10,292 SF Commerce SOLD
35,378 SF Downey LEASED
17,105 SF Maywood SOLD
Heger Industrial’s Other Notable
Recent Activity in the Central LA Market
PERSONAL SERVICE. INDUSTRIAL EXPERTISE.www.hegerindustrial.com
CA Lic. #00814086 | AZ Lic. #CO652804000
12623 Cisneros Lane | Santa Fe Springs | California | 90670
125,000 SF Building on
233,917 SF of Land
• 30’ Clearance
• 15,000 SF of Class A
Office Space
• 2004 Construction
• ESFR Sprinklers
• Long Term Lease Back
(Seller)
• Sale Price $18,200,000
• Price PSF: $145.60
Heger Industrial has been serving the Central Los Angeles
Industrial real estate market since 1957.
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2. Q1-2016 CENTRAL LOS ANGELES INDUSTRIAL MARKET UPDATE
Trends in Central LA
Industrial Real Estate
CENTRAL LA INDUSTRIAL SPECIALISTS
Jon R. Reno, SIOR, CCIM
Senior VP & Managing Director
T: 323.727.1144
jr@hegerindustrial.com
Lic. #01277642
Trevor Gale
Senior Vice President
T: 323.727.1144
tg@hegerindustrial.com
Lic. #01452957
LOS ANGELES | LONG BEACH | COMMERCE | PHOENIX
5701 South Eastern Ave., Suite 100, Commerce, CA 90040
www.hegerindustrial.com
Lic. #00814086
A 2.25% Vacancy has created difficulties for tenants
and buyers seeking a new facility or expansion space.
Average lease rates have increased to $0.60 PSF due
to an increased demand for Quality Warehouse and
Distribution Centers.
Average sale prices have increased to $118 PSF due to
low inventory, low interest rates, and increased lending.
Competing offers and limited supply have continued
the compression of CAP rates for investment sales.
Central Los Angeles Trends
Vacancy Lease Sales CAP
Rates Prices Rates
In today’s climate, we recommend all of our clients to begin evaluating their
real estate objectives at least 9 months ahead of time. Please call us for a free
Confidential Evaluation of any real estate endeavor you might be considering.
Vernon
Commerce
$0.62 PSF
Average Lease Rate
2.2% Vacancy $0.56 PSF
Average Lease Rate
3.0% Vacancy
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