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Industrial Building in LA's South Bay Sells for Higher Price Than Market Average

West Rancho Dominguez Area Sees Strongest Industrial Sales In More Than a Decade
Real estate investment firm Cohen Asset Management bought a warehouse in West Rancho Dominguez, California. (Newmark)
Real estate investment firm Cohen Asset Management bought a warehouse in West Rancho Dominguez, California. (Newmark)
CoStar News
November 19, 2020 | 4:03 P.M.

A development team that built a warehouse without a tenant in tow last year in Los Angeles' South Bay area has sold it for a significant premium to the market price after leasing it to a large company. The deal reflects growing investor interest that has sent the area's sales to their highest levels in years.

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