Greenberg Glusker Leads Two Significant Commercial Real Estate Deals in Los AngelesDecember 18, 2020 – Press Release
LOS ANGELES - Greenberg Glusker represented two significant real estate deals in Southern California in the past few weeks totaling more than $450 million dollars.
Real Estate Partner, Kenneth Fields, represented Rexford Industrial Realty (Rexford) (NYSE: REXR) in its November 8, 2020, acquisition of Gateway Pointe Industrial Campus, for a purchase price of $296.6 million. Gateway Pointe Industrial Campus is comprised of a four-building industrial project leased to three tenants. Rexford is a real estate investment trust focused on creating value by investing in and operating industrial properties located in Southern California infill markets.
On December 7, Fields represented Rexford on its acquisition of a four-building industrial portfolio for $129.4 million, totaling approximately 632,497 square feet on 30.23 acres of land located in the Inland Empire.
Greenberg Glusker associates Patricia Hong and Amy E. Rice assisted on the transactions.