Home Finance Travelers Club Luggage Buys 151,000 SQFT Santa Fe Springs Distribution Center from Ares for $51MM
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Travelers Club Luggage Buys 151,000 SQFT Santa Fe Springs Distribution Center from Ares for $51MM

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Travelers Club Luggage has acquired the Class A GLP Mid-Counties Distribution Center in Santa Fe Springs from Ares Management for $51.3 million, an owner-user play that hands the veteran travel-gear company a modern logistics base while delivering Ares a roughly 31 percent gain on a four-year hold.

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