Description

JLL Industrial Capital Markets, as exclusive advisor, is pleased to present the opportunity to acquire the fee simple interest in the SoCal Infill 8-Pack (the "Portfolio") — an institutional-quality, eight-asset industrial portfolio totaling ±454,078 SF strategically positioned across three of SoCal's most supply-constrained infill submarkets spanning Los Angeles and the Inland Empire West.

Anchored by durable in-place cash flow, the Portfolio is 96% leased with a 3.1-year WALT across a diverse and creditworthy tenant roster that includes Toyota (NYSE: TM), Parsons (NYSE: PSN), and Maersk, a recognized leader in global freight forwarding. Tenants span logistics, furniture & home goods, metal distribution, and automotive — providing meaningful sector diversification that insulates performance across market cycles.

Rent growth in SoCal's shallow bay segment has been, and is expected to remain, among the strongest of any industrial product type, fueled by acute supply scarcity — shallow bay inventory has grown just 6.7% since 2010, compared to 28.4% for multi-tenant and 41.7% for single-tenant product. This scarcity has driven a 5.88% rent CAGR in Los Angeles from 2010–2019. The Inland Empire is similarly compelling, having just posted its strongest leasing month on record — 6.7M SF signed across new leases of 100K+ SF in June alone — reinforcing tightening supply and continued rent growth across the region.

The SoCal Infill 8-Pack offers compelling pricing and durable income across supply-constrained SoCal corridors that are increasingly difficult to find at this scale. The Portfolio is priced ±40% below replacement cost and ±50% off peak market pricing, with near-market rents from a credit-diverse, recession-resilient tenant base.

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Attributes

Building area gross

69,311 sm

Land area gross

4 sm

SoCal Infill 8-Pack (8 Properties)

Media

Investment highlights

96% leased to 11 tenants across seven distinct industries, providing sector diversification within a single, scalable infill acquisition.
3.1 years of WALT remaining with 3.35% wght. avg. rent escalations.
In-place rents are ±12% above market, with a 20 KSF vacancy providing additional value-add upside to the in-place cash flow.
63% of the Portfolio is concentrated in Los Angeles' South Bay — the top-performing LA submarket by leasing volume and net absorption in Q2 2026.
The Inland Empire market is experiencing a historic surge in leasing momentum, positioning the submarket for continued rent and occupancy recovery heading into the second half of 2026.
Portfolio pricing guidance reflects a ±50% discount to peak values. Significantly below the blended replacement cost. Infill land scarcity, AB 98 restrictions, and restrictive zoning create significant barriers to new development, supporting long-term asset values and income durability for well-located existing product.