GEO Plastics is slated to occupy the facility, which is located at 2200 E. 52nd St., within the next 60 days. The company is relocating from 631 85th Ave. in Oakland, Calif. The property was sold by LA Dye of Pico Rivera.
The 10-year-old concrete tilt-up has no real office space. GEO Plastics is planning to turn the normal industrial space into a manufacturing facility. The company manufactures environmentally friendly products designed to make the collection, storage, transport and recycling of hazardous fluids safer, easier and more convenient.
Bart Pucci, senior vice president with Grubb & Ellis' Downtown Los Angeles office, represented the buyer in the transaction. Sandra Crawford and Carol Taubman of Westgate Industrial Properties represented the seller.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.