Westcore Acquires 735,668 SF Industrial Portfolio In Valencia For $211.3M

Westcore has acquired four Valencia industrial properties in a transaction valued at $211.3 million. The properties, located at 28104, 28355 Witherspoon Parkway, 28305, and 28310 Livingston Avenue, offer a total of 735,668 square feet of Class A industrial space. With all the buildings fully occupied, Westcore aims to enhance their value through capital improvements and strategic leasing.

Summary of transaction details

• Property Type: Industrial
• Transaction Amount: $211,300,000
• Address: 28104, 28355 Witherspoon Parkway, 28305 & 28310 Livingston Avenue
• Market: Valencia
• Square Footage: 735,668

The buyer in this transaction is Westcore, represented by Don Ankeny, Hack Adams, and Peter Mette. The brokers involved in facilitating the deal are Steve Silk, Jay Borzi, Adam Pastor, and Christina Buhl from Eastdil Secured. Through this acquisition, Westcore aims to strategically enhance the value of these industrial properties and capitalize on their potential for growth.