EverWest Pays 7 per Square Foot for SoCal Warehouse

EverWest Real Estate is adding to its expansive portfolio with an industrial acquisition in the top warehousing market in the nation. The investmen...

April 29, 2023
7:18 AM

EverWest Real Estate is adding to its expansive portfolio with an industrial acquisition in the top warehousing market in the nation. The investment firm paid $37 million for a 100,815-square-foot development in Southern California's Inland Empire, according to data provided by Vizzda . The deal is equal to approximately $367 per square foot, significantly higher than the $252-per-square-foot average for the region so far in 2023. Records show the site was owned by an entity named G&S GROUP .

Greg Cornfield