{"id":49736,"date":"2026-06-05T07:48:19","date_gmt":"2026-06-05T04:48:19","guid":{"rendered":"https:\/\/www.commercialcafe.com\/blog\/?p=49736"},"modified":"2026-05-28T10:48:38","modified_gmt":"2026-05-28T07:48:38","slug":"warespace-portfolio-adds-second-los-angeles-industrial-property","status":"publish","type":"post","link":"https:\/\/www.commercialcafe.com\/blog\/warespace-portfolio-adds-second-los-angeles-industrial-property\/","title":{"rendered":"WareSpace Portfolio Reaches 25 U.S. Locations With LA Industrial Acquisition"},"content":{"rendered":"<p>Small-bay warehouse space operator WareSpace recently completed its second industrial real estate acquisition in the greater Los Angeles area. Located at 13711 Freeway Drive in Santa Fe Springs, Calif., the property incorporates more than 82,000 square feet of <a href=\"https:\/\/www.commercialcafe.com\/industrial\/us\/ca\/los-angeles\/\" target=\"_blank\" rel=\"noopener\">Los Angeles warehouse and distribution space<\/a> in one of the most demand-rich industrial submarkets in the country.<\/p>\n<p>This deal marked the company\u2019s first entry into the highly supply-constrained Mid-Counties submarket and its 25<sup>th<\/sup> location nationwide.<\/p>\n<p>Built in 1965, the vintage industrial building is situated directly along Interstate 5 at the intersection of CA-91 and Interstate 605, offering direct access to Los Angeles, Orange County, and the San Gabriel Valley.<\/p>\n<p>\u201cSouthern California is one of the most underserved regions for small businesses that need modern warehouse space,\u201d said Joseph Ely, co-founder and COO of WareSpace. \u201cThere\u2019s a lot of entrepreneurial activity across the area and a strong concentration of people and businesses. This is one of the most population-dense sites we\u2019ve pursued so far, which is why it made sense to us.\u201d<\/p>\n<p>The new owner plans to transform the property into a flexible warehouse campus that serves more than 100 small businesses. The project includes modern warehouse units ranging from 250 to 2,000 square feet that are designed to accommodate logistics operators, trades businesses, residential service companies, e-commerce sellers, and other growing companies seeking small-bay space.<\/p>\n<p>Located in one of Southern California\u2019s most active commercial corridors, this investment reflects continued demand from small businesses for flexible, small-bay industrial space in supply-constrained markets such as Los Angeles, as well as increasing institutional confidence in the co-warehousing and micro-bay sector.<\/p>\n<p>Robust demand in the Mid-Counties submarket is driven by logistics, advanced manufacturing, and health care, which are three of the fastest-growing users of small-bay properties.<\/p>\n<p>\u201cSmall businesses fuel the local economy, yet they\u2019ve been priced out of the areas they helped build,\u201d said Levi Cohen, co-founder and CEO of WareSpace. \u201cEvery acquisition we make is about providing the right space and infrastructure for the entrepreneurs and mission-critical businesses who move these markets forward. When local businesses grow, the entire community wins.\u201d<\/p>\n<p>Year-to-date sales of Los Angeles industrial space had added up to nearly $830 million through April, according to data analyzed for our monthly <a href=\"https:\/\/www.commercialcafe.com\/blog\/national-industrial-report\/\" target=\"_blank\" rel=\"noopener\">national industrial real estate report<\/a>\u00a0\u2014 the seventh-largest sales total among top U.S. markets last month. As space for new development in Southern California is more limited than it was at the start of the decade, the supply boom in the region has somewhat subsided in recent years, and the ports of Los Angeles and Long Beach still the busiest in the country, long-term demand remains strong in the region.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The greater Los Angeles industrial property is located in the highly supply-constrained Mid-Counties submarket and strategically positioned to offer direct access to Los Angeles, Orange County, and the San Gabriel Valley.<\/p>\n","protected":false},"author":48,"featured_media":49790,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"_wpas_customize_per_network":false},"categories":[37,38,4014,41],"tags":[],"class_list":["post-49736","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-commercial-real-estate-news","category-deals","category-featured","category-industrial","wpautop"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>WareSpace Buys 2nd LA 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