{"id":1004023882,"date":"2010-10-20T12:00:03","date_gmt":"2010-10-20T20:00:03","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004023882"},"modified":"2022-12-08T15:49:58","modified_gmt":"2022-12-08T23:49:58","slug":"voit-sells-157300-sf-industrial-property-in-southern-california","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/voit-sells-157300-sf-industrial-property-in-southern-california\/","title":{"rendered":"Voit Sells 157,300-SF Industrial Property in Southern California"},"content":{"rendered":"<p>October 20, 2010<br \/>\nBy Allison Landa, News Editor<\/p>\n<p><a class=\"highslide\" href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2010\/10\/Dexus-Property-Franco.jpg\"><img loading=\"lazy\" decoding=\"async\" data-attachment-id=\"1004023883\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/voit-sells-157300-sf-industrial-property-in-southern-california\/dexus-property-franco\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2010\/10\/Dexus-Property-Franco.jpg\" data-orig-size=\"2048,1536\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;}\" data-image-title=\"Dexus Property, Franco\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2010\/10\/Dexus-Property-Franco.jpg?w=1024\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2010\/10\/Dexus-Property-Franco.jpg\" alt=\"\" title=\"Dexus Property, Franco\" width=\"300\" height=\"225\" class=\"alignright size-medium wp-image-1004023883\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2010\/10\/Dexus-Property-Franco.jpg 2048w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2010\/10\/Dexus-Property-Franco.jpg?resize=300,225 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2010\/10\/Dexus-Property-Franco.jpg?resize=768,576 768w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2010\/10\/Dexus-Property-Franco.jpg?resize=1024,768 1024w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2010\/10\/Dexus-Property-Franco.jpg?resize=1536,1152 1536w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><\/p>\n<p>Voit Real Estate Services has sold the Industry City Center, a multi-tenant industrial property in the City of Industry, California, to Australian real estate investment trust DEXUS Property Group. DEXUS owns 25 million square feet of industrial space throughout the United States.<\/p>\n<p>The 157,328-square-foot property was sold for $14.4 million. DEXUS was represented by Alan Pekarcik, Dan Vittone and Nick Frasco of Voit\u2019s Irvine office, as was the seller. According to Pekarcik, DEXUS\u2019 ability to close in a timely manner facilitated a smooth transaction. He added that Voit\u2019s background in the Southern California market as well as the specific Inland Empire submarket as well as its expertise in raising asset profiles while identifying top investors helped with the transaction. <\/p>\n<p>The Industry City Center is located at the intersection of 1100 Hatcher Avenue and 17521 and 17531 Railroad Street. It is fully occupied and located near the 60 freeway.<\/p>\n<p>DEXUS has a total of $13 billion in assets under management in Australia and the United States. It recently announced a U.S. expansion with a new office in Newport Beach, California.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The property was sold to Australian real estate investment trust DEXUS Property Group.<\/p>\n","protected":false},"author":936,"featured_media":1004023883,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[37774,21808,37775,21742,37776,37777,37778],"tags":[],"class_list":["post-1004023882","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-rc-dividend-yield","category-featured","category-rc-forward-affo-payout-ratios","category-latest","category-rc-premium-discount-to-nav","category-rc-price-ltm-ffo","category-rc-total-return"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Voit Sells 157,300-SF Industrial Property in Southern California - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/voit-sells-157300-sf-industrial-property-in-southern-california\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Voit Sells 157,300-SF Industrial Property in Southern California\" \/>\n<meta property=\"og:description\" content=\"The property was sold to Australian real estate investment trust DEXUS Property Group.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/voit-sells-157300-sf-industrial-property-in-southern-california\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2010-10-20T20:00:03+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-08T23:49:58+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2010\/10\/Dexus-Property-Franco.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"2048\" \/>\n\t<meta property=\"og:image:height\" content=\"1536\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Allison Landa\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/voit-sells-157300-sf-industrial-property-in-southern-california\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/voit-sells-157300-sf-industrial-property-in-southern-california\\\/\"},\"author\":{\"name\":\"Allison Landa\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/0eb45390ae3124c14a919b7ec7bd2249\"},\"headline\":\"Voit Sells 157,300-SF Industrial Property in Southern California\",\"datePublished\":\"2010-10-20T20:00:03+00:00\",\"dateModified\":\"2022-12-08T23:49:58+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/voit-sells-157300-sf-industrial-property-in-southern-california\\\/\"},\"wordCount\":189,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/voit-sells-157300-sf-industrial-property-in-southern-california\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2010\\\/10\\\/Dexus-Property-Franco.jpg\",\"articleSection\":[\"Dividend Yield\",\"Featured\",\"Forward AFFO Payout Ratios\",\"News\",\"Premium\\\/Discount to NAV\",\"Price\\\/LTM FFO\",\"Total Return\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/voit-sells-157300-sf-industrial-property-in-southern-california\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/voit-sells-157300-sf-industrial-property-in-southern-california\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/voit-sells-157300-sf-industrial-property-in-southern-california\\\/\",\"name\":\"Voit Sells 157,300-SF Industrial Property in Southern California - 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