City of Industry, California – We have information today on an industrial net leased property in California. ProLogis has recently signed on the dotted line for an net lease contract on an industrial property. ProLogis is currently the leading global provider of distribution facilities. They have a new net lease contract on 449,000 square feet of space in the Los Angeles area. The Tenant for this net leased property is Port Logistics Group. Port Logistics Group is a provider of national gateway logistics services.
This Industrial net lease investment is fittingly situated in the City of Industry. The address of this net leased property is 501 S. Cheryl Lane, in the City of Industry, California with the zip code of 91789. The Tenant, Port Logistics Group will occupy this space at Industry Distribution Center Building Six. The vicinity of this industrial net leased property is located at the intersection of the 60 and 57 freeways. The industrial net leased property location is billed as strategic for distribution to Southern California and the Western United States. Reports have Southern California as the largest distribution market in the United States, making Port Logistics Group presence here even more important.
Port Logistics Group now is Tenant of Net Lease Properties in the City of Industry, California With over 1.1 million square feet of warehouse space. Port Logistics Group specializing in softlines, used their space in this net lease property to provide the full range apparel handling requirements. This will include GOH, pick and pack, inner packs, and customized customer-specific programs. Also their leasing space in net leased properties allows them to complement with the Masterpress division. Reprocessing over 2 million pieces per month, Masterpress is one of the largest value-add apparel reprocessing operations on the West Coast.
The owner of this industrial net leased property, ProLogis, has over 425 million-square-feet of space in their Investment Property portfolio. This Investment Property portfolio contains industrial space owned and managed in markets across North America, Europe and Asia. The industrial net leased properties and distribution facilities are a wise choice for a replacement property in a 1031 Exchange.
ProLogis does not outsource commercial property management as do many other industrial commercial real estate companies. The company’s distribution centers are managed by in-house commercial property professionals who maintain their facilities in accordance with the industry’s highest standards. ProLogis has qualified on-staff maintenance technicians who regularly inspect and maintain the roofs, and parking lots. These maintenance technicians also provide excellent landscaping on the properties.
ProLogis has net lease Tenants that include manufacturers, retailers, transportation companies, third-party logistics providers and other enterprises with large-scale distribution needs. ProLogis is headquartered in Denver, Colorado. ProLogis has over $31 billion of commercial real estate assets owned, and under construction. ProLogis engages with communities to support initiatives that improve education and human welfare where there is need. ProLogis is a member of the S&P 500 and is publicly traded on the New York Stock Exchange under the ticker “PLD.”
Also, Loanrise.com can assist you with Investment Property financing. Contact Net Lease Properties to purchase Commercial Real Estate in these areas, across the Country.
Arlington • Atlanta • Austin • Baltimore • Birmingham • Boise • Boston • Brooklyn • Central Illinois • Charlotte • Charlotte Uptown • Chicago • Chicago Downtown • Cincinnati • Cleveland • Clinton • Columbia • Columbus • Dallas • Denver • Des Moines • Detroit • Encino • Ft. Collins • Ft. Lauderdale • Ft. Worth • Grand Rapids • Honolulu • Houston • Indianapolis • Jackson • Jacksonville • Kansas City • Koreatown • Lafayette • Las Vegas • Little Korea • Little Rock • Long Beach • Los Angeles • Louisville • Madison • Manhattan • Memphis • Miami • Milwaukee • Minneapolis • Nashville • New Haven • New Jersey • New Mexico • Newport Beach • North Beach • Oak Brook • Oakland • Oklahoma City • Omaha • Ontario • Orlando • Palm Beach Gardens • Palo Alto • Philadelphia • Phoenix • Pittsburgh • Portland • Providence • Raleigh • Reno • Reston • Sacramento • Salt Lake City • San Antonio • San Diego • San Francisco • Santa Fe • St. Louis • Seattle • St Petersburg • Tampa Bay • Troy • Tucson • Vero Beach • Washington, D.C. • West Los Angeles • West Palm Beach • Williamsburg • Yonkers