January 30, 2015
Rexford Industrial Realty Inc. recently purchased a 13-building industrial complex in Kearny Mesa for $32.3 million and a five-building industrial complex in Miramar for $18.4 million.
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PROPERTY: Space Absorption Highest It’s Been Since 2006
When San Diego-based Westcore Properties recently paid $17 million for a large industrial building on the grounds of March Air Reserve Base near Riverside, it was betting on continued recovery in 2015 for Southern California’s overall manufacturing-and-distribution climate.