Thank you for visiting our site! We noticed you are using a browser we no longer support. To have the best overall experience and avoid issues navigating the site, please click one of the supported browsers to the right to download the latest version for free:
Rexford completed major renovation to warehouse, office, and exterior.
Local sharpshooting expertise and successful redevelopment execution. In 2014, we acquired 24105 Frampton Avenue, a 49,000 square foot industrial building located in Torrance in the South Bay submarket, for $3.9 million or $82 per square foot. For this off-market acquisition, we were able to capitalize on our local connections as the seller was a non-professional real estate owner. We completed major renovations and modernization to the warehouse, office and exteriors. We leased the building to a single tenant for 11 years and achieved a stabilized yield of 7.0%.
SoCal Infill Portfolio
Next Case Study