Oct
15
Clarion Partners Lands $105M for LA Industrial Facility
ByHFF arranged a floating-rate loan with a foreign bank for The Brickyard, a two-building, one million-square-foot property located in Compton, Calif.
Clarion Partners secured $105 million in financing for The Brickyard, a fully-leased, Class A industrial facility in the Los Angeles submarket of Compton, Calif. HFF worked on behalf of Clarion Partners and its separate account client to place a floating-rate loan with a foreign bank.
Situated on 56 acres at 1701 North Central Ave. and 1430 McKinley Ave., The Brickyard is located in the heart of Los Angeles’ South Bay industrial submarket and offers close proximity to the Alameda Corridor, a 20-mile freight rail expressway that directly connects the transcontinental rail network near downtown Los Angeles to the Ports of Los Angeles and Long Beach…
