281
LOS ANGELES – A six-building industrial complex in Los Angeles has sold to Rexford Industrial Realty for $6.6 million. The 88,330-square-foot complex is located at 1500-1510 W. 228th Street. It is currently 98 percent occupied. The acquisition was partially funded with proceeds from the sale of Kaiser, a 124,640-square-foot industrial property in San Diego. That property was sold in a tax-deferred 1031 exchange. The remainder of the funding was provided through Rexford’s line of credit.