EXECUTIVE SUMMARY
CBRE, Inc. (“CBRE”), as exclusive advisor, is pleased to present the unique opportunity to acquire the Wilmington Industrial Park (“the Property”, “Buildings”, or “Site”) consisting of four single-story industrial buildings totaling ±33,279 sq. ft. in Wilmington, in one of the most desirable industrial markets in the country. Together, the portfolio of buildings is 79% leased to 14 diverse tenants, with a WALT of ±1.52 years. This provides a unique opportunity to acquire irreplaceable assets with strong in-place cash flows and the ability to boost yields.
The properties, which span ±1.41 acres, are strategically located in the port-adjacent South Bay Market. This area benefits from strong labor and consumer demographics and offers excellent access to multiple transportation routes that service the Southern California population. There is future upside in the potential ability to divide the parcels and sell them separately.