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Creative Properties Buys Vernon Industrial Building

Local Owners Sell 200,000-SF Facility for $28.9 Million

The warehouse was built in 1935 on 6.3 acres in the Vernon industrial submarket of Los Angeles County. (CoStar)
The warehouse was built in 1935 on 6.3 acres in the Vernon industrial submarket of Los Angeles County. (CoStar)

Creative Properties purchased the industrial facility at 3040 E. 12th St. in Los Angeles from a pair of private owners for $28.9 million, or about $145 per square foot.

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