Home Finance JPMorgan Acquires 521,000 SQFT Shoemaker Commerce Center from PGIM for $176.5MM in Santa Fe Springs
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JPMorgan Acquires 521,000 SQFT Shoemaker Commerce Center from PGIM for $176.5MM in Santa Fe Springs

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exterior of modern warehouse
Illustration by The Registry
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JPMorgan Chase has paid PGIM Real Estate $176.5 million for Shoemaker Commerce Center in Santa Fe Springs, locking up nearly a decade of contracted rent from Breakthru Beverage Group as Rexford Industrial hands off more than $1 billion of Southern California warehouses carrying far shorter leases.

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