George Urban Advisors, in partnership with Five Horizons Partners and DRA Advisors, recently acquired a portfolio of seven industrial properties located in Orange County and Los Angeles County, CA. CBRE National Partners represented the seller Link Logistics for the reported $263 million transaction.
The assets encompass 45 buildings totaling 851,000 square feet; two of which are located in Laguna Hills: The Row (a 25-building complex on Avenida de la Carlota) and Plaza Del Lago (three-building facility on Del Lago & Lake Forest Drives).
Dan Goldman from DRA Advisors commented “This collection of assets presents a unique opportunity to invest in multiple markets with prime infill locations where there has been minimal development of small-scale industrial properties” due to Southern California’s resilient yet challenging market conditions.
