LOS ANGELES – The Boston-based, real estate investment management firm, Intercontinental Real Estate Corp. has acquired a 221,842-square-foot warehouse and distribution facility in Los Angeles' San Fernando Valley.
The fully-leased facility was purchased from a Dallas-based, real estate investment firm.
The 13-acre property was built in 1975 and operated as a beverage packaging plant for the Ball Corp. until 2018. In 2019, the current seller acquired, redeveloped and leased the property to a multi-national e-commerce retailer.
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Ingrid Tunberg
Ingrid Tunberg sits on the editorial team as a coordinator and reporter for Real Estate Forum and GlobeSt.com. She is responsible for writing stories, assisting with industry awards and marketing nomination events. Previously, Ingrid worked as a copywriter across various industries throughout New York City and Chicago.
