LOS ANGELES—Pacific Industrial has broken ground on the Pacific District Center, a 188,570-square-foot industrial park in Vernon, CA, a tight infill industrial market in Central L.A. The speculative development will feature three class-A buildings. The property is scheduled to be complete in the fourth quarter of 2015.

“As one of the strongest industrial submarkets in the entire country, Central Los Angeles benefits from low vacancy rates and continuous demand for class-A product,” Neil Mishurda, co-founder at Pacific Industrial tells GlobeSt.com. “Less than 5% of the entire industrial product base in this submarket is class-A.” John McMillan, EVP at Cushman & Wakefield, is the exclusive leasing broker for the property.


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.