Jay Cornforth And Paul Jones Acquire 5.6-Acre Industrial Site In Commerce For Bridge Logistics Properties

A 5.6-acre industrial site located at 4542 Dunham Street in Commerce, CA has been acquired, featuring an existing building with a footprint of 122,000 square feet within a significant market. The asset is strategically situated near key transportation corridors, highlighting its suitability for logistics operations.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: Not disclosed
• Square Footage: 127,000
• Acres: 5.6
• Buyer: Jay Cornforth & Paul Jones
• Company: Bridge Logistics Properties
• Address: 4542 Dunham Street
• Market: Commerce

Bridge Logistics Properties plans to lease the existing building while pursuing entitlements to enhance the site for a new distribution facility. The company's focus is on investing in high-barrier industrial assets within supply-constrained areas, such as Central Los Angeles.