Aerospace contractor sells, leases back SoCal space

Buyer attracted by strong market fundamentals

Don't miss the real estate event of the summer
Join 4,000 real estate pros at Connect SF, Aug 7‑11, 2017

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." ...