Significant industrial sale leaseback in Carson, CA sold

LOS ANGELES, July 6, 2021 – JLL Capital Markets announced today it closed the sale of 2850 E. Del Amo, a 264,450-square-foot single-tenant distribution property located in Carson, California.

JLL marketed the property on behalf of Century Distribution Systems. Chicago-based CenterPoint Properties was the buyer.

Situated on 19.18 acres in Los Angeles’ most coveted South Bay submarket, the property features 28- and 32-foot clear-heights, 66 dock doors and parking for 180 trailers. The property is adjacent to the I-710 freeway and centrally located to the I-110, I-405 and I-5 freeways, as well as CA-91, facilitating access to 22.3 million L.A.-area consumers.

The JLL Capital Markets team representing the seller was led by Nick Foster, Zac Sakowski and Mark Detmer.

“This was an extremely rare opportunity to acquire a low coverage industrial asset on one of the best located parcels of scale in the South Bay relative to the ports,” Foster said. “The level of interest was tremendous, and we couldn’t have hoped for a better result for our client and the M&A process for Century.”

JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers. The firm's in-depth local market and global investor knowledge deliver best-in-class solutions for clients — whether investment sales advisory, debt placement, equity placement, or a recapitalization. The firm has more than 3,700 Capital Markets specialists worldwide with offices in nearly 50 countries.

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