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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)

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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