{"id":1004794355,"date":"2026-04-06T04:26:17","date_gmt":"2026-04-06T12:26:17","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004794355"},"modified":"2026-06-11T05:21:29","modified_gmt":"2026-06-11T13:21:29","slug":"rexford-industrial-sells-orange-county-site-for-41m","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/rexford-industrial-sells-orange-county-site-for-41m\/","title":{"rendered":"Rexford Industrial Sells Orange County Site for $41M\u00a0"},"content":{"rendered":"
\n
\"Rendering<\/a>
Western Realco\u2019s new industrial building will be located at 600 E. Vermont Ave. Image courtesy of JLL<\/em><\/figcaption><\/figure><\/div>\n\n\n

Western Realco has purchased a fully entitled 12.1-acre industrial site in Anaheim, Calif., from Rexford Industrial for $40.7 million. JLL represented both parties in the deal.<\/p>\n\n\n\n

Western Realco reportedly will immediately begin demolition and construction at the site and intends to develop a new, 256,046-square-foot Class A industrial building there. Construction is expected to be completed in late 2027.<\/p>\n\n\n\n

To rise at 600 E. Vermont Ave., Western Realco\u2019s new facility will feature a 36-foot clear height, 39 dock-high doors, an ESFR sprinkler system, 4,000 amps of power, and a fully enclosed truck court. Its location in Anaheim\u2019s stadium area will provide immediate freeway access.<\/p>\n\n\n\n

JLL noted that it will market the new building for lease or sale and that the property will be able to \u201caccommodate a broad range of uses including logistics, manufacturing, assembly, food processing and temperature-controlled storage, among others.\u201d<\/p>\n\n\n\n

\n\n\n\n

READ ALSO<\/strong>: Inland Empire Saw Strong Industrial Deals in 2025<\/a><\/p>\n\n\n\n

\n\n\n\n

The JLL team on the deal included Senior Managing Director Zach Niles, Executive Managing Director Louis Tomaselli and Senior Managing Director Steve Wagner.<\/p>\n\n\n\n

Niles added that the delivery timing looks to be auspicious, and that JLL is seeing a significant increase in activity across several industries, particularly in aerospace, defense tech, advanced and specialized manufacturing, food and beverage, as well as players supporting the AI, energy and data center sectors.<\/p>\n\n\n\n

Separately, Rexford announced that the site currently has\u2014though presumably not for much longer\u2014a single-tenant (now vacant) office campus totaling 133,836 square feet at 600-708 E. Vermont Ave. Rexford added that this site had been in their own pipeline for imminent redevelopment, but that through the sale to Western Realco, Rexford \u201cexpects to preserve approximately $32 million of capital spend that was associated with the development.\u201d<\/p>\n\n\n\n

In a prepared statement, Jeremy Mape, principal at Western Realco, noted that the Anaheim submarket currently has \u201cvery limited inventory and growing demand across multiple (industrial) sectors.\u201d<\/p>\n\n\n\n

A bit overbuilt, perhaps just temporarily<\/h2>\n\n\n\n

At year-end 2025, the Orange County industrial market \u201cremained in a state of adjustment, characterized by reduced tenant interest and rising vacancy rates due to recently completed construction,\u201d according to a fourth-quarter report from Kidder Mathews.<\/p>\n\n\n\n

The report noted that total availability, including space under construction, rose to 9.0 percent, adding, \u201cNegative net absorption in the fourth quarter indicates a decline in occupancy, resulting in a year-to-date loss\u201d of more than 2 million square feet.<\/p>\n\n\n\n

The outlook for this year, however, looks more stable, as construction underway declines, Kidder Mathews reported.<\/p>\n\n\n\n

Last July, Stockbridge Capital Group acquired<\/a> a 290,920-square-foot Class A industrial asset in Buena Park, Calif., from IDI Logistics for $99.5 million.<\/p>\n","protected":false},"excerpt":{"rendered":"

The buyer plans to immediately build a new project in this supply-constrained submarket.<\/p>\n","protected":false},"author":882,"featured_media":1004794359,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21748,21783,21742,34267,15],"tags":[32796,33612,35630],"class_list":["post-1004794355","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-industrial","category-investment","category-latest","category-orange-county","category-west","tag-jll","tag-kidder-mathews","tag-rexford-industrial-realty-inc"],"acf":[],"yoast_head":"\nRexford Industrial Sells Orange County Site for $41M\u00a0 - Commercial Property Executive<\/title>\n<meta name=\"description\" content=\"Western Realco has purchased a fully entitled 12.14-acre industrial site in Anaheim, Calif., from Rexford Industrial for $40.7 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\/rexford-industrial-sells-orange-county-site-for-41m\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Rexford Industrial Sells Orange County Site for $41M\u00a0\" \/>\n<meta property=\"og:description\" content=\"Western Realco has purchased a fully entitled 12.14-acre industrial site in Anaheim, Calif., from Rexford Industrial for $40.7 million.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/rexford-industrial-sells-orange-county-site-for-41m\/\" \/>\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=\"2026-04-06T12:26:17+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-06-11T13:21:29+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/04\/600-E.-Vermont-Ave.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"620\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Scott Baltic\" \/>\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\/rexford-industrial-sells-orange-county-site-for-41m\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/rexford-industrial-sells-orange-county-site-for-41m\/\",\"name\":\"Rexford Industrial Sells Orange County Site for $41M\u00a0 - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/rexford-industrial-sells-orange-county-site-for-41m\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/rexford-industrial-sells-orange-county-site-for-41m\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/04\/600-E.-Vermont-Ave.jpg\",\"datePublished\":\"2026-04-06T12:26:17+00:00\",\"dateModified\":\"2026-06-11T13:21:29+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/61ac1450f3ffaa0e850b834c28526555\"},\"description\":\"Western Realco has purchased a fully entitled 12.14-acre industrial site in Anaheim, Calif., from Rexford Industrial for $40.7 million.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/rexford-industrial-sells-orange-county-site-for-41m\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/rexford-industrial-sells-orange-county-site-for-41m\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/rexford-industrial-sells-orange-county-site-for-41m\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/04\/600-E.-Vermont-Ave.jpg\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/04\/600-E.-Vermont-Ave.jpg\",\"width\":800,\"height\":620,\"caption\":\"Western Realco\u2019s new industrial building will be located at 600 E. 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