MetLife Sells Golden Coast Industrial Portfolio in Southern California for $165.5M

MetLife Investment Management Divests SoCal Industrial Portfolio for $165M

Cushman & Wakefield arranged the sale of the Golden Coast Portfolio, a collection of three industrial properties totaling nearly 600,000 square feet in Southern California. The portfolio, which includes properties in Redondo Beach, Carlsbad and City of Industry, was acquired by three separate buyers for a total price of $165,500,000. The National Industrial Advisory Group of Jeff Chiate, Rick Ellison, Matt Leupold, Bryce Aberg, Aubrie Monahan, J…

MetLife Unloads SoCal Industrial Portfolio for $166M

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MetLife Sells 3-Property SoCal Industrial Portfolio For $166M

MetLife Investment Management sold three properties, known together as the Golden Coast Portfolio, to three buyers in separate deals for a total of $165.5M, according to a release from Cushman & Wakefield.  TA Realty acquired The Concourse in the City of Industry, a 421K SF industrial business park with 69 dock-high doors and a 160-foot truck court.  Terreno Realty acquired a property called the Redondo Beach Two Pack, a 99K SF property with 16 …

MetLife Sells Golden Coast Industrial Portfolio in Southern California for $165.5M

CARLSBAD, CITY OF INDUSTRY AND REDONDO BEACH, CALIF. — MetLife Investment Management has completed the sale of the Golden Coast Portfolio, an industrial portfolio totaling 600,000 square feet in Southern California. The portfolio includes three buildings in Carlsbad, City of Industry and Redondo Beach that were acquired by three separate buyers for a total price of $165.5 million. Jeff Chiate, Rick Ellison, Matt Leupold, Bryce Aberg, Aubrie Mona…