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Commercial Property Executive Nuveen Real Estate has paid $151.2 million, or $448.50/unit, for La Mirada Distribution Center, a two-building industrial property with 337,125 square feet in La Mirada, Calif. The New York pension fund investor purchased the property from Clarion ...
Clarion Partners has bought the 337,100-square-foot La Mirada Distribution Center in La Mirada, Calif., for $76.8 million, or $227.83/sf. It is fully leased by three tenants.
Beaulieu has agreed to a five-year leaseback of the distribution center, which was built in 2000
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