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Brookfield Buys Los Angeles Area Portfolio Geared to Cold Storage

Industrial Trade Points to Strong Interest in Food Logistics Facilities
Four industrial buildings in Vernon and Commerce, California, sold for a total of $87 million. (Newmark)
Four industrial buildings in Vernon and Commerce, California, sold for a total of $87 million. (Newmark)
CoStar News
December 24, 2020 | 8:36 P.M.

Brookfield Properties acquired a four-building cold-storage portfolio near Los Angeles for $87 million, the latest sign of high demand in that specialty industrial property sector.

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