Exan Capital Acquires Amazon Warehouse in LA
Greenlaw Partners sold the 130,392-square-foot property after acquiring it for $15 million in February 2020
E-commerce properties are flying off the shelves just as fast as the products they distribute.
Exan Capital has acquired a newly renovated warehouse that’s fully leased to Amazon in northern Los Angeles County for $59.7 million, according to property records. Greenlaw Partners sold the 130,392-square-foot property after acquiring it for $15 million in February 2020 and completing extensive upgrades. It’s located on nearly 27 acres at 600 West Technology Drive in the city of Palmdale.
Source: Commercial Observer