LOS ANGELES-AMB Property, the San Francisco-based real estate giant, has paid an estimated $50 million to add another 850,000 sf of industrial space to its growing Southern California portfolio.

Its latest acquisition is Ford Distribution Center, an eight-building complex near the intersection of Slauson and Eastern boulevards. The 48.7-acre property includes warehouses, some service-center facilities and a truck terminal.

The project is about 95% occupied, according to brokers involved in the deal, which is better than the countywide average of about 93.5%. Its tenants include transportation giant Roadway Express, Unisource, and Gourmet Award Foods.

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