{"id":1004775624,"date":"2025-10-24T02:16:06","date_gmt":"2025-10-24T10:16:06","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004775624"},"modified":"2025-10-29T08:50:31","modified_gmt":"2025-10-29T16:50:31","slug":"link-logistics-sells-la-area-assets-for-109m","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/link-logistics-sells-la-area-assets-for-109m\/","title":{"rendered":"Link Logistics Sells LA-Area Assets for $109M"},"content":{"rendered":"\n<p><\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"alignright size-large is-resized\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/10\/18305-and-18501-San-Jose-Ave.jpg\"><img loading=\"lazy\" decoding=\"async\" data-attachment-id=\"1004775629\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/link-logistics-sells-la-area-assets-for-109m\/18305-and-18501-san-jose-ave\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/10\/18305-and-18501-San-Jose-Ave.jpg\" data-orig-size=\"1600,900\" 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;1734695629&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=\"18305 and 18501 San Jose Ave\" data-image-description=\"&lt;p&gt;Image that accompanied the press release we&#8217;ve received via email&lt;\/p&gt;\n\" data-image-caption=\"&lt;p&gt;The neighboring buildings total some 450,000 square feet. Image courtesy of Bridge Logistics Properties&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/10\/18305-and-18501-San-Jose-Ave.jpg?w=1024\" height=\"576\" width=\"1024\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/10\/18305-and-18501-San-Jose-Ave.jpg?w=1024\" alt=\"Aerial view of the two industrial buildings at 18305 and 18501 San Jose Ave.\" class=\"wp-image-1004775629\" style=\"width:auto;height:250px\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/10\/18305-and-18501-San-Jose-Ave.jpg 1600w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/10\/18305-and-18501-San-Jose-Ave.jpg?resize=300,169 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/10\/18305-and-18501-San-Jose-Ave.jpg?resize=768,432 768w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/10\/18305-and-18501-San-Jose-Ave.jpg?resize=1024,576 1024w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/10\/18305-and-18501-San-Jose-Ave.jpg?resize=1536,864 1536w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/a><figcaption class=\"wp-element-caption\">The neighboring buildings total some 450,000 square feet. <em>Image courtesy of Bridge Logistics Properties<\/em><\/figcaption><\/figure><\/div>\n\n\n<p>Bridge Logistics Properties has paid $109 million for a two-building industrial portfolio in City of Industry, Calif. The collection includes the adjacent properties at 18501 San Jose Ave. and 18385 San Jose Ave. <\/p>\n\n\n\n<p>JLL represented the seller, identified by Yardi Matrix as Link Logistics. Blackstone&#8217;s unit had owned both assets since 2017, when the&nbsp;company acquired them as part of a $395 million, 20-property deal.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity has-very-light-gray-to-cyan-bluish-gray-gradient-background has-background is-style-wide\"\/>\n\n\n\n<p><strong>READ ALSO:<\/strong> <a href=\"https:\/\/www.commercialsearch.com\/news\/cre-investors-find-bright-spots-amid-headwinds-deloitte\/\">CRE Investors Find Bright Spots Amid Headwinds: Deloitte<\/a><\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity has-very-light-gray-to-cyan-bluish-gray-gradient-background has-background is-style-wide\"\/>\n\n\n\n<p>The 199,200-square-foot 18501 San Jose Ave. sold for $49 million, according to the same source. The warehouse has 24-foot clear heights and 26 dock-high positions. Developed in the 1980s, the building has plus-sized retailer Torrid as a tenant.<\/p>\n\n\n\n<p>Bridge Logistics also acquired the 250,080-square-foot 18385 San Jose Ave. for $60 million. The property is partly occupied by 8NET, a packaging, shipping and janitorial supplies specialist. The building includes 27-foot clear height and 24 dock-high positions, as well as a 250-foot truck court with two rows of extra trailer parking.<\/p>\n\n\n\n<p>Bridge Logistics noted in a statement that the purchase price represents a significant discount to peak pricing and current replacement cost.<\/p>\n\n\n\n<p>JLL\u2019s Patrick Nally, Ryan Spradling, Evan Moran and Makenna Peter negotiated on behalf of Link Logistics.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-san-gabriel-valley-industrial-market-tight\">San Gabriel Valley industrial market, tight<\/h2>\n\n\n\n<p>The Los Angeles industrial market as a whole is seeing vacancy rates on the rise. In the third quarter, the rate climbed to 4.8 percent, up 10 basis points over the quarter and 40 basis points over the year, according to Cushman &amp; Wakefield. That is\u00a0the highest level in the past decade. However, the metro remains one of the nation&#8217;s top markets for <a href=\"https:\/\/www.commercialsearch.com\/news\/top-markets-for-industrial-transactions\/\">industrial transaction volume<\/a>.<\/p>\n\n\n\n<p>The San Gabriel Valley, which includes the City of Industry, is tighter than the overall market. Cushman &amp; Wakefield puts vacancy for the submarket at 3 percent at the end of September. Moreover, it has been experiencing demand in the form of positive absorption of about 778,000 square feet for Q3 and nearly 2.2 million square feet for the year so far.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The two warehouses total 450,000 square feet.<\/p>\n","protected":false},"author":1023,"featured_media":1004775635,"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":[52072,51531],"class_list":["post-1004775624","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-industrial","category-investment","category-los-angeles","category-latest","category-west","tag-bridge-logistics-properties","tag-link-logistics"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Link Logistics Sells LA-Area Assets for $109M - Commercial Property Executive<\/title>\n<meta name=\"description\" content=\"Bridge Logistics Properties has purchased a two-building industrial portfolio in City of Industry, Calif., from Link Logistics.\" \/>\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\/link-logistics-sells-la-area-assets-for-109m\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Link Logistics Sells LA-Area Assets for $109M\" \/>\n<meta property=\"og:description\" content=\"Bridge Logistics Properties has purchased a two-building industrial portfolio in City of Industry, Calif., from Link Logistics.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/link-logistics-sells-la-area-assets-for-109m\/\" \/>\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=\"2025-10-24T10:16:06+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-10-29T16:50:31+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/10\/18305-and-18501-San-Jose-Ave_featured.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"900\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Dees Stribling\" \/>\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\/link-logistics-sells-la-area-assets-for-109m\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/link-logistics-sells-la-area-assets-for-109m\/\",\"name\":\"Link Logistics Sells LA-Area Assets for $109M - 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