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ZONING: M1

TERM: Two (2) Years

• Block Wall to be Built

• Light Industrial Uses

• Fenced and Paved Yard

• Close to 10, 71, & 60 Freeways

TERM: 1 Year, Month to Month Thereafter

• ESFR Sprinkler System

• 1-2 Docks Shared

• Office & Bathrooms Possible

• Dead Storage Okay

• High Functioning Property

• Great Strategic Location

• Minutes to 10 and 15 Freway

AVAILABLE: ±25,550 SF (±0.59 Acres) of Land

• Truck Parking Possible

• Fenced Yard with Aggregate

• Water/Power Possible

• Close to 10 and 210 Freeways

• Vacant and Ready For Occupancy

• Former Food Facility• Warehouse Floor Drains

• One (1) Ground Level Doors• Fenced / Paved Yard

• Licensed Cannabis Use Possible at Higher Lease Rate

• Close Proximity to Freeways and Ports

Commercial building tilt-up walls are a type of construction technique commonly used in the construction of large, commercial and industrial buildings. In this technique, the walls of the building are constructed on site, but instead of being built up from the ground, they are built flat on the ground and then tilted up into position.

The walls are typically made of reinforced concrete and are cast in large panels that are then lifted into place using cranes. This process can be completed relatively quickly and efficiently, and is often preferred for large commercial and industrial buildings because it allows for the construction of large, open spaces without the need for traditional load-bearing walls.

One of the primary benefits of tilt-up construction is speed. Because the walls are prefabricated offsite and then simply tilted into place, the overall construction process can be completed much faster than traditional construction methods. Additionally, because the walls are made of reinforced concrete, they are very strong and durable, making them an ideal choice for buildings that need to withstand harsh weather conditions or other extreme environments.

Another benefit of tilt-up construction is cost. Because the walls are constructed offsite and then lifted into place, there is less need for expensive equipment and materials on site, which can help to reduce overall construction costs.

Finally, tilt-up construction can also be an aesthetically pleasing option for commercial and industrial buildings. The panels can be designed to include a variety of architectural details, textures, and colors, giving the building a unique and visually appealing look.

Overall, tilt-up construction is a popular choice for commercial and industrial buildings because it is efficient, cost-effective, and durable.

The Los Angeles industrial real estate market is one of the most active and sought after in the United States. It is a diverse market, ranging from smaller facilities to large, modern distribution centers. The demand for industrial space in Los Angeles has remained strong due to the city's strategic location, growing population, and thriving economy. The Los Angeles industrial real estate market has also benefited from the rise of e-commerce, as online shopping has led to an increased demand for warehouse and distribution facilities. While the COVID-19 pandemic has had an impact on many industries, the industrial sector has remained resilient, with strong leasing activity and a stable vacancy rate. Overall, the Los Angeles industrial real estate market presents many opportunities for investors, developers, and tenants alike. 

The Los Angeles industrial real estate market in the fourth quarter of 2022 was strong, with robust demand and limited supply leading to higher rental rates and lower vacancies. The e-commerce sector continued to drive demand for warehouse and distribution space. Overall, the market was characterized by a favorable balance between supply and demand, with positive outlook for the future.

The San Gabriel Valley industrial market in the fourth quarter of 2022 continued to perform well with low vacancy rates and rising rents. In the 1st quarter of 2023, it is expected to continue this trend with growing demand for industrial space from various industries, such as e-commerce, logistics, and manufacturing. The San Gabriel Valley's strategic location, close proximity to the ports of Los Angeles and Long Beach, and excellent transportation infrastructure make it an attractive location for businesses. 

Overall, the San Gabriel Valley industrial market in the 4th quarter of 2022 remained strong, with ongoing demand and limited supply driving up rents and pushing down vacancy rates.

Pomona, January 27, 2023—Lee & Associates, one of the largest national commercial real estate providers with regional expertise, has closed a sales transaction for a 288,195 industrial building located 2875 Pomona Boulevard, Pomona, California. This property was the largest industrial real estate transaction in Pomona in 2022.  

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Continued low vacancy rates drove higher lease rates in the 4th quarter of 2022 despite the economy slowing in other areas.

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Measure ULA passed in the November election and it increases the transfer tax of real estate (commercial as well, not just residential) sold for $5 million and more which is located within the City of Los Angeles.  

The new tax imposes an additional 4% transfer tax for commercial properties valued $5 to $10 million and an additional 5.5% for commercial properties valued at $10 million or more. The tax applies even if the property is sold at a loss.

This new tax takes effect April 1st, 2023. To explore your selling options before this tax takes effect, contact me now.

The Orange County Industrial Market continues to post record sale prices and lease rates due to continued strong demand.