Based in Los Angeles, Rexford Industrial Realty Inc. announced a $15.4 million Burbank acquisition to add to its Valley property portfolio. The purchase was financed through a $10.3 million loan with the remainder being funded by the firm\u2019s line of credit.<\/p>\n
The firm purchased a 130,000 square foot two-building setup located at 2980 and 2990 N. San Fernando Blvd. The tenant that currently occupies the buildings is Senior Aerospace SSP \u2013 a high-pressure air duct manufacturer for planes. Senior Aerospace SSP is a long-term tenant having occupied the space for more than 50 years. The company currently has four years remaining on their lease.<\/p>\n
Rexford has a hand in 74 properties totaling 8.1 million square feet. The firm also manages 20 other properties totaling1.2 million square feet.<\/p>\n
Source<\/strong>: http:\/\/www.sfvbj.com\/news\/2014\/jun\/02\/rexford-acquires-burbank-properties\/<\/p>\n","protected":false},"excerpt":{"rendered":" Based in Los Angeles, Rexford Industrial Realty Inc. announced a $15.4 million Burbank acquisition to add to its Valley property portfolio. The purchase was financed through a $10.3 million loan with the remainder being funded by the firm\u2019s line of credit. The firm purchased a 130,000 square foot two-building setup located at 2980 and 2990 […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-197","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"http:\/\/www.onesourcepropertymanagement.com\/index.php?rest_route=\/wp\/v2\/posts\/197","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.onesourcepropertymanagement.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.onesourcepropertymanagement.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.onesourcepropertymanagement.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.onesourcepropertymanagement.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=197"}],"version-history":[{"count":1,"href":"http:\/\/www.onesourcepropertymanagement.com\/index.php?rest_route=\/wp\/v2\/posts\/197\/revisions"}],"predecessor-version":[{"id":198,"href":"http:\/\/www.onesourcepropertymanagement.com\/index.php?rest_route=\/wp\/v2\/posts\/197\/revisions\/198"}],"wp:attachment":[{"href":"http:\/\/www.onesourcepropertymanagement.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=197"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.onesourcepropertymanagement.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=197"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.onesourcepropertymanagement.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=197"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}