Southern California has a large inventory of refrigerated industrial buildings. Cold storage operators have high cube freezer and cooler spaces while food processing companies need buildings with not only freezers and coolers but also with food production rooms that have sloped floors and floor drains for wash downs of meat, seafood, poultry, meals, or produce. These food facilities generally require a large grease trap known as a clarifier or waste interceptor.
See below available listings of food buildings for sale or sale the Los Angeles area of Southern California. The cities of LA, Vernon, Commerce, and Industry have many industrial food facilities.
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.
Average Asking Lease Rates have climbed dramatically in the last several years with the largest increases in 2021 and 2022. See below chart showing the steep rise for warehouse asking rental rates in Los Angeles, Orange, Ventura and the Inland Empire per AIRCRE MLS data. These are the major industrial property markets in Southern California. Individual markets and submarkets vary along with building class quality.
In 2020 this 42,000 square foot concrete tilt-up warehouse was leased to Southern California Curling Center. It was built in 1997 with 24 foot ceiling height with a total lot size of 75,000 SF in the industrial enclave of the City of Vernon.
The Hollywood Curling Club, a nonprofit for 13 years, is based in the Southern California Curling Center, which is quickly becoming the Western hub for the sport. Opened in August 2021, the center is a 42,000-square-foot converted warehouse featuring six “sheets” of “dedicated ice.”
Curling aficionados say the center is the biggest facility in the Western United States that features dedicated ice and sheets built and maintained exclusively for curling. The center provides the stones and hosts leagues, tournaments and corporate events, along with learn-to-curl training sessions.
Southern California’s economy continues to slow as the housing downturn has been full swing for a few quarters. However, the following industries have been growth drivers: retail trade, transportation, warehousing and logistics, administrative and support, leisure and hospitality, and professional, scientific and technical services. Even with falling single-family home prices, tighter mortgage underwriting standards, and increasing residential notices of default and foreclosures, the industrial real estate markets continue to remain stable in sales prices and rental rates. Though industrial economics remain flat, transactions numbers and absorption values are half the numbers from a year ago.
