Search
 

IDS Plans $10M Park

COMPTON, CA-The Los Angeles-based development firm will build 140,000 sf of industrial space to address what it describes as an underserved market for moderate-sized tenants.

By Bob Howard | Updated on December 23, 2003

COMPTON, CA-Investment Development Services of Los Angeles will build a $10 million industrial park on 10.5 acres here to meet what it describes as an underserved market for moderate-sized industrial tenants in the South Bay.

Dan Sibson, principal and portfolio manager for IDS, reports that On Stanley LP of Los Angeles acquired property, which is at the intersection of Stanley and Manville streets, close to the 91 and 405 Freeways. The land was sold by Boeing Realty Corp.

Sibson reports that IDS will serve as development manager and managing partner for the new project, overseeing development of a 140,000-sf distribution building that will be divisible from 25,000 sf or larger. Sibson notes that an existing 43,000-sf building on the property is leased by Cal Pacific, an import-export service firm. Ground is expected to be broken for the project in March or April, with the project to be ready for occupancy on Oct. 1.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2025 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.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2025 ALM Global, LLC. All Rights Reserved.