CBRE arranged the sale of a 200,000-square-foot industrial property located at 18045 Rowland St. in City of Industry. Taiwan-based MSI Computers Corp., acquired the property for $65.2 million from Link Logistics. CBRE EVP Jason Chao represented MSI Computers.
“This sale highlights the ongoing demand for well-located industrial assets in a market where supply remains constrained,” said Chao. “Users are moving quickly to secure space, especially in core submarkets like the San Gabriel Valley.”
Built in 1985, the building features a 26-foot clear height, 18 dock-high loading doors, two grade-level doors, and a newly constructed 4,735-square-foot office build-out. It also offers a private, fenced yard that can accommodate 60 trailers and 56 autos.
“This is part of a greater trend we are seeing in the market of users purchasing real estate across all size ranges, including institutional owners like Link, becoming more open to selling assets in Southern California, particularly older assets,” Chao added.
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