{"id":1004653738,"date":"2023-03-29T01:15:56","date_gmt":"2023-03-29T09:15:56","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004653738"},"modified":"2023-03-29T01:15:58","modified_gmt":"2023-03-29T09:15:58","slug":"turnbridge-enters-ios-space-with-la-buy","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/turnbridge-enters-ios-space-with-la-buy\/","title":{"rendered":"Turnbridge Enters IOS Space With LA Buy"},"content":{"rendered":"
\"Image<\/a>

Aerial view of 555 W. 189th St. Image courtesy of Turnbridge Equities<\/em><\/p><\/div>\n

Turnbridge Equities<\/strong> has acquired a 2.5-acre industrial outdoor storage site in Gardena, Calif., for $18.2 million. The property, situated in Los Angeles\u2019 South Bay submarket, traded in an off-market deal and marks the first in the company\u2019s strategy targeting infill industrial outdoor storage sites in coastal metros.<\/p>\n

The property is located at 555 W. 189th St. and features 410 feet of frontage to Interstate 110. Situated close to Interstate 405 and State Route 91, the asset is 10 miles from the ports of Los Angeles and Long Beach and 11 miles from Los Angeles International Airport.<\/p>\n

In another similar deal, Triten Real Estate purchased a three-property industrial outdoor storage portfolio<\/a> last week in Port Wentworth, Ga. The properties changed hands from Adana Capital and are fully occupied by three drayage users.<\/p>\n

Also recently, H.I.G. Partners, with its newly formed industrial outdoor storage platform, completed a 2.3 million-square-foot acquisition, marking a major play for the subsector. The 55-property portfolio<\/a> is 100 percent occupied.<\/p>\n","protected":false},"excerpt":{"rendered":"

The property is close to both LAX and the ports of L.A. and Long Beach. <\/p>\n","protected":false},"author":2991,"featured_media":1004653740,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21748,21783,1594,21742,15],"tags":[51065,49084],"class_list":["post-1004653738","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-industrial","category-investment","category-los-angeles","category-latest","category-west","tag-michael-gazzano","tag-turnbridge-equities"],"acf":[],"yoast_head":"\nTurnbridge Enters IOS Space With LA Buy - Commercial Property Executive<\/title>\n<meta name=\"description\" content=\"Turnbridge Equities acquired a 2.5-acre industrial outdoor storage site in Los Angeles\u2019 South Bay submarket for $18.2 million.\" \/>\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\/turnbridge-enters-ios-space-with-la-buy\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Turnbridge Enters IOS Space With LA Buy\" \/>\n<meta property=\"og:description\" content=\"Turnbridge Equities acquired a 2.5-acre industrial outdoor storage site in Los Angeles\u2019 South Bay submarket for $18.2 million.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/turnbridge-enters-ios-space-with-la-buy\/\" \/>\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=\"2023-03-29T09:15:56+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-03-29T09:15:58+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/03\/51yZ7eD4-e1679932076748.jpeg\" \/>\n\t<meta property=\"og:image:width\" content=\"900\" \/>\n\t<meta property=\"og:image:height\" content=\"675\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Simona Tudose\" \/>\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\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/turnbridge-enters-ios-space-with-la-buy\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/turnbridge-enters-ios-space-with-la-buy\/\",\"name\":\"Turnbridge Enters IOS Space With LA Buy - 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