Realterm, an independent global investment manager focused on the transportation industry, acquired 8542 Slauson Ave., an industrial outdoor storage (IOS) facility on 4.2 acres in Pico Rivera. Terms were not disclosed. The acquisition adds to Realterm’s Southern California footprint.
The fully paved property includes one building with a 16,318-square-foot warehouse space and an 8,361-square-foot office space. Key features include 21 ground level loading doors with drive-through access, 20-foot clear heights, full perimeter fencing, a fueling station and two points of ingress and egress. The site offers retail and will-call potential and is currently leased by Home Depot.
“This acquisition exemplifies our targeted focus on transportation-critical assets in supply-constrained markets,” said Stephen Panos, managing director, senior fund manager at Realterm. “The Slauson Avenue property’s positioning and infrastructure capabilities align perfectly with our investment thesis of targeting facilities that serve as essential nodes in the logistics supply chain.”
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