Goodman Buys Largest Industrial Sites in Los Angeles

Anthony Rozic

The Goodman Group is doubling down on the Southern California industrial market. The investor has acquired two of the largest industrial sites in the Los Angeles area. The two properties total 127 acres and include the 90-acre Boeing C-17 manufacturing facility and a 37-acre distribution facility. The two acquisitions are part of the firm’s strategy to target global gateway cities.

“Goodman has identified Southern California as a core target market due to its alignment with our global gateway city strategy,” Anthony Rozic, CEO of Goodman North America, tells GlobeSt.com. “We target land and value add sites that are close to expanding urban centers because by 2050, more than two-thirds of the world’s population will live in urban cities.”