If you are looking for industrial warehouse available listings for lease or sale of newer construction buildings then take a look at this. These are high clearance, high image, and state of the art facilities. Lots of dock high loading with proper truck courts. Typically 32 foot high for racked storage. Download the list below.
In below graphic, note how strong the industrial category is compared to the other commercial real estate property types. Office and retail are the two most vulnerable.
Moving forward with the slow decline in rents and values, industrial real estate is well positioned to weather economic challenges.
Potential distressed properties have delinquent payments, low occupancy and thus high vacancy, maturing debt / loans, or other looming troubles. These factors could cause the properties to default on their loan obligations and trigger a foreclosure sale.
13,570 SF of building on 30,830 SF of land in Gardena, Los Angeles County, California.
Food Improvements – Walk-in Cooler, Freezer, Production Area. Dock High truck loading door and ground level loading door. 400 amps power. 23 parking spaces. Business Park.
For sale. Contact us with interest.
This 41,772 square foot industrial warehouse on 67,000 square feet of land is listed as available for lease on North Spring Street. Located in the DTLA North Industrial District which has seen many uses similar to the DTLA Arts District including breweries, galleries, restaurants, and bars. Highland Park Brewery and Majordomo are a few blocks away. It is located within the Cornfield Arroyo Seco Specific Plan zoning overlay.
Below are the property highlights.
Contact us with interest.
A San Francisco developer has filed plans to build a 261,000-square-foot data center in the Los Angeles County industrial hub – the City of Vernon.
Prime Data Centers, a wholesale data center developer and operator, has proposed a three-story building on 4.5 acres at 4701 S. Santa Fe Ave., five miles south of Downtown Los Angeles, the Los Angeles Business Journal reported.
The first known data center in the industrial city will replace a 224,600-square-foot garment manufacturing facility built in 1946 and last renovated in 2001, according to Dgtl Infra Real Estate. The property was most recently listed for $30 million.
The new data center is expected to deliver up to 33 megawatts of power to its tenants. The company is also creating a 49.5 megavolt amp substation that will service the new site. Completion is expected in the fourth quarter of next year.
One of Los Angeles’ key strengths is its diverse long-haul fiber and subsea cable connectivity, according to Dgtl Infra. L.A. gives long-haul fiber routes linking Phoenix and Las Vegas access to the West Coast, while serving as a key access point for long-haul fiber routes between Mexico and Canada.
To this end, Prime Data Centers’ Vernon facility will be carrier-neutral and up to five miles away from major interconnection hubs at One Wilshire, 600 W. Seventh St., 530 W. Sixth St., 900 N. Alameda and 818 W. Seventh St. in Downtown Los Angeles, DTLA.
“Los Angeles is a thriving global connectivity market, and our new hyperscale Vernon data center will be right in the middle of it all,” Nicholas Laag, chief executive and founder of Prime Data Centers, said in a statement.
Southern California’s total data center capacity now stands at 355 megawatts, making it the 13th-largest data center market in the U.S., with enough electricity to power more than 250,000 homes. California limits data center projects to a 50-megawatt threshold while other states go as high as 500 megawatts.
The growing reliance on cloud computing and data storage has led to an increased demand for data centers. The two fastest growing segments of the data center space are hyperscalers and edge data centers. Hyperscalers are typically defined as business-critical facilities that are significantly larger than typical data centers and are designed to support robust and scalable applications. These assets are typically owned by companies such as Google, Amazon, Microsoft or Meta. A growth forecast from Data Bridge Market Research indicated that the hyperscale data center market will grow at a CAGR of roughly 29.32% between 2023 and 2035.
Edge data centers are located closer to the users and their devices that collect and transmit data, or wherever data is being generated. Generally, these centers work as the go-between between the cloud or centralized regional data centers and IoT (Internet of Things) devices and their associated cellular tower sites. There is an expectation for IoT devices to grow 16% in 2023 to have an estimated 16.7 billion active end points. This would show a CAGR of 26.1% between 2023 and 2030.
The rapid growth of emerging technologies like Artificial Intelligence (AI) is fueling demand for data center capacity, already driven higher by the cascade of digital innovations over the past decade such as content streaming, cloud computing, machine learning (ML), Internet of Things (IoT), ecommerce and more. While other commercial real estate sectors are experiencing a decline in construction pipelines, data center development has reached an all-time high and will continue to grow to meet demand.
Map of California Data Centers.
Contact us to locate potential sites to acquire for development in Los Angeles.