{"id":1004193718,"date":"2017-10-13T04:47:40","date_gmt":"2017-10-13T12:47:40","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004193718"},"modified":"2022-12-08T14:26:49","modified_gmt":"2022-12-08T22:26:49","slug":"clarion-partners-lands-105m-for-la-industrial-facility","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/clarion-partners-lands-105m-for-la-industrial-facility\/","title":{"rendered":"Clarion Partners Lands $105M for LA Industrial Facility"},"content":{"rendered":"<p>By IvyLee Rosario<\/p>\n<div id=\"attachment_1004193738\" style=\"width: 383px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/10\/The-Brickyard-Building-A.jpg\" target=\"_blank\" rel=\"noopener noreferrer\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004193738\" data-attachment-id=\"1004193738\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/clarion-partners-lands-105m-for-la-industrial-facility\/the-brickyard-building-a\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/10\/The-Brickyard-Building-A.jpg\" data-orig-size=\"800,620\" data-comments-opened=\"0\" 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;,&quot;orientation&quot;:&quot;1&quot;}\" data-image-title=\"The Brickyard Building A\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;The Brickyard Building A&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/10\/The-Brickyard-Building-A.jpg?w=800\" class=\"wp-image-1004193738 \" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/10\/The-Brickyard-Building-A.jpg\" alt=\"The Brickyard Building A\" width=\"373\" height=\"290\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/10\/The-Brickyard-Building-A.jpg 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/10\/The-Brickyard-Building-A.jpg?resize=300,233 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/10\/The-Brickyard-Building-A.jpg?resize=768,595 768w\" sizes=\"auto, (max-width: 373px) 100vw, 373px\" \/><\/a><p id=\"caption-attachment-1004193738\" class=\"wp-caption-text\">The Brickyard Building A<\/p><\/div>\n<p>Clarion Partners secured $105 million in financing for The Brickyard, a fully-leased, Class A industrial facility in the Los Angeles submarket of Compton, Calif.\u00a0HFF worked on behalf of Clarion Partners and\u00a0its separate account client to place a floating-rate loan with a foreign bank.\u00a0<\/p>\n<p>Situated on 56 acres at 1701 North Central Ave. and 1430 McKinley Ave.,\u00a0The Brickyard is located in the heart of Los Angeles\u2019 <a href=\"https:\/\/www.commercialsearch.com\/news\/compton-industrial-space-completely-leased\/\">South Bay industrial submarket<\/a> and offers close proximity to the Alameda Corridor, a 20-mile freight rail expressway that directly connects the transcontinental rail network near downtown Los Angeles to the Ports of Los Angeles and Long Beach.\u00a0<\/p>\n<p>The property comprises two buildings and is LEED Gold certified. The one million-square-foot facility was built in 2016 and is home to UPS and Best Buy, both under long-term leases. The asset features 576 parking spaces, sky lights, insulated ceilings, ESFR fire sprinklers, loading doors and cross docks.\u00a0<\/p>\n<p>The HFF debt placement team of Senior Managing Director Bruce Ganong, Director Steven Paskover and Analyst Bercut Smith\u00a0represented the borrower.\u00a0<\/p>\n<p><em>Image courtesy of Yardi Matrix<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>HFF arranged a floating-rate loan with a foreign bank for The Brickyard, a two-building, one million-square-foot property located in Compton, Calif.<\/p>\n","protected":false},"author":746,"featured_media":1004193738,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21825,21748,1594,21742,15],"tags":[32790,32792,32779],"class_list":["post-1004193718","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance","category-industrial","category-los-angeles","category-latest","category-west","tag-clarion-partners","tag-hff","tag-leed"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - 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