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Prologis Remains Bullish on Industrial With $50 Million Los Angeles Deal

Gehr Sells Commerce, California, Building to San Francisco Company
Los Angeles real estate investment firm Gehr Group has sold a building at 7400 E. Slauson Ave. in Commerce, California. (CoStar)
Los Angeles real estate investment firm Gehr Group has sold a building at 7400 E. Slauson Ave. in Commerce, California. (CoStar)
CoStar News
January 8, 2024 | 9:24 P.M.

Despite signs of softening in the industrial real estate market, Prologis remains bullish on the sector in Los Angeles County, where it has paid $50 million for a 13-acre property.

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