La Mirada Logistics Center, a 22.7 acre, industrial-zoned, but unimproved site situated in the Mid-Counties submarket of Los Angeles. At the time of sale, the property was undergoing soil remediation under the oversight of the Los Angeles County Fire Department, which required the excavation and disposal of over 80,000 cubic yards of soil.
La Mirada Logistics Center
Industrial-zoned but unimproved site situated in the Mid-Counties submarket of Los Angeles
22.7
Acres
Industrial
Development Site
$37,000,000
Sales Price
Assignment
Result
The Kidder Mathews team executed a successful disposition transaction on behalf of Chevron, the previous owner, by providing the investor market with several potential future development scenarios.