Staley Point Capital Acquires Industrial Property in Commerce for $38.5MM

Latest Los Angeles metropolitan area transaction reflects firm's focus on last-mile locations across Southern California Staley Point Capital ("Staley Point"), a value-add investor focused on infill industrial properties, today announced the acquisition of 2187 Garfield, a 132,000 square-foot cross-dock warehouse in Commerce, CA, for $38.5 million, or $292 per square foot. Located in the central submarket of Southern California, the largest […]