REXFORD INDUSTRIAL ACQUIRES INDUSTRIAL PROPERTY FOR $4.7M

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PASADENA, CALIF. — Rexford Industrial LLC has acquired RIF IV – San Gabriel LLC, a 31,546-square-foot, multi-tenant light industrial property located at 89-91 N. San Gabriel Blvd., 2670-2674 Walnut St. and 2675 Nina St. in Pasadena. The property consists of five single-story buildings and one two-story facility and offers 10 to 18-foot clear heights, four ground-level loading doors and a loading dock with two loading positions. The facility is currently 30 percent occupied by Schlanser Glass and The Plant Peddler. Eugene Sun of Region One Realty represented the buyer and the seller, Tsan Kuenn U.S.A. Inc., in the $4.7 million transaction.

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