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Sale-Leaseback Deals Surge in LA's Growing Industrial Market

Dollar Amount of Warehouse Sell-to-Rents Jumps to Five-Year High

A 350,000-square-foot building in Industry, California, sold for $117 million on Sept. 1 in a sale-leaseback deal. These sales are getting more common in greater Los Angeles, where industrial property is in high demand. (CoStar)
A 350,000-square-foot building in Industry, California, sold for $117 million on Sept. 1 in a sale-leaseback deal. These sales are getting more common in greater Los Angeles, where industrial property is in high demand. (CoStar)

With demand growing for industrial space and little vacant land on which to build, investors in greater Los Angeles are clamoring to buy existing buildings — and owners who also occupy the space are eager to cash in, even if they aren't ready to move out.

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