Paul Jones & Grant Moore Of BLP Acquire 12903 Lakeland Road Industrial Property In Santa Fe Springs

The property asset involved in the transaction is an industrial facility located at 12903 Lakeland Road in Santa Fe Springs, California. This asset encompasses 114,459 square feet and is situated on a 21.3-acre site, fully leased to XPO (NYSE: XPO). The facility features a 114,000 square feet cross-dock terminal with 130 dock-high positions and 16 grade-level doors, catering to logistics needs. Additionally, the site includes approximately 800 auto and trailer stalls, a maintenance building, truck scale, and benefits from no hours-of-use restrictions. Its strategic location offers close proximity to the I-5 and I-605 freeways, enhancing connectivity to the Ports of Los Angeles and Long Beach.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: Not disclosed
• Address: 12903 Lakeland Road
• Market: Santa Fe Springs
• Asset Size: 114,459 SF
• Buyer: Paul Jones & Grant Moore - BLP - Bridge Logistics Properties
• Buyer's Rep: BROKERS: Jace Gan & Clyde Stauff - Colliers

Paul Jones and Grant Moore of Bridge Logistics Properties executed the acquisition of the Santa Fe Springs site after tracking it off-market for four years. The investment provides immediate income from XPO's long-standing operations at the site, along with future redevelopment opportunities upon lease expiration. The deal underscores the strategic interest of BLP in securing infill locations that represent critical logistics infrastructure in Southern California.