Aerospace contractor sells, leases back SoCal space

Buyer attracted by strong market fundamentals

A four-building, 129,499-square-foot manufacturing facility in Carson, Calif., has been purchased for approximately $11.6 million. The seller, AMSI Real Estate LLC, sold the property to AMB Property Corp. and subsequently leased back the space for AMSI Inc., which manufactures aerospace components, on a 10-year term. The property, located at 18620 S. Broadway, is situated on an approximately 6.4-acre lot. According to Colliers International, which brokered the deal, AMB was attracted to the "long-term income and strong future redevelopment potential" at the property, and the "South Bay has one of the strongest industrial real estate markets in the nation." ...