Irvine, CA Irvine, CA

Prologis has acquired a 10-building 264,847-square-foot industrial park in on Fenwick Lane Westminster from CMSS Ventures for an undisclosed price. The property is a distribution facility and is located 12 miles from the Port of Los Angeles.

Located on 12 acres, the property is fully leased and will help to meet the needs of retail and ecommerce users in Orange County. It increases Prologis' Orange County portfolio to 6.3 million square feet.

JLL's team of Louis Tomaselli, Steve Wagner and Zach Niles represented Prologis in the transaction, while Curt Stalder of Lee & Associates represented the seller.

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Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.

Orange County
Industrial
Omni Channel Retail
Capital Markets
West