Westcore, a leading industrial real estate acquisition, development and asset management firm, has acquired the 3.5 million-square-foot Odyssey Portfolio comprised of industrial properties in Livermore, Valencia and Chino. The purchase price was not disclosed.
The portfolio includes assets located in some of California’s most robust industrial markets: Chino with nine buildings totaling 1,466,728 square feet and nine tenants; Valencia with four buildings totaling 742 558 square feet and five tenants; as well as three buildings spanning 1 296 908 square feet in Livermore occupied by two tenants.
Commenting on the transaction Don Ankeny – Westcore President & CEO – said “We are bullish about the fundamentals for industrial real estate across California right now so we are delighted to have been able to acquire 3.5 million square feet of infill properties through this single transaction” Eastdil Secured brokers Steve Silk Jay Borzi Adam Pastor & Christina Buhl represented the undisclosed seller while Westcore acted on its own behalf throughout negotiations
