Westcore Properties has acquired from MEPT a 3.5M SF industrial portfolio encompassing 16 buildings in three California cities, all fully leased.
The property, known as the Odyssey Portfolio, is located in Livermore, a Bay Area community in Alameda County; Valencia, a suburb of Santa Clarita; and Chino, in the Inland Empire. Eastdil Secured assisted the seller and Westcore represented itself in the acquisition.
The portfolio comprises nine single-tenant buildings in Chino encompassing 1.5M SF; four buildings in Valencia encompass 743K SF, occupied by five tenants; three buildings in Livermore encompass 1.3M SF, leased to two tenants. The buildings in the Odyssey Portfolio are Class A, A- and B+ properties.
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