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Pension Fund Adviser Inks $15.3M Sale-Leaseback

CARSON, CA-TA Associates of Boston acquires the headquarters of Kenwood electronics for $15.3 million in a sale-leaseback. The industrial facility also serves as a distribution hub for Kenwood.

By Bob Howard | Updated on June 18, 2002

CARSON, CA-Pension fund adviser TA Associates Realty of Boston has acquired the 272,910-sf headquarters of electronics firm Kenwood USA Corp. for $15.3 million in a sale-leaseback.

Kenwood has occupied the combination warehouse and headquarters facility since it was built in 1987, according to broker Kevin Shannon of a Grubb & Ellis team that represented both parties in the sale. The property is a 2201 E. Dominguez St., near the Watson Center.

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