Case Studies > IAC Industrial Program – Major West Coast Markets


Leveraging a longstanding relationship, Orchard Partners worked with International Airport Centers (“IAC”) to identify core warehouse opportunities in major markets on the West Coast, with a preference for well-leased warehouse buildings not involving significant renovation or re-positioning risk.

SITUATION
This effort combined the acquisition talent of Orchard Partners with the financial backing of IAC’s pension fund client, Verizon.

RESULTS
In less than 12 months, the combined effort deployed approximately $85 million in four separate transactions totaling 935,000 SF of industrial space.

ACQUISITIONS
Property Market SF
Core Mark Distribution Bay Area (Hayward) 130,000
Navistar Distribution Portland (Fairview) 210,000
Northam Distribution So. California (La Mirada) 112,000
La Mirada Commerce Centre So. California (La Mirada) 483,000

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