We use cookies to provide you with a better experience. By continuing to browse the site you are agreeing to our use of cookies in accordance with our Cookie Policy.
  • INDUSTRY PRESS ROOM
  • SUBMISSIONS
  • MEDIA FILE
  • Create Account
  • Sign In
  • Sign Out
  • My Account
Free Newsletters
  • MAGAZINE
    • Current Issue
    • Archives
    • Digital Edition
    • Subscribe
    • Newsletters
  • STRATEGY
  • GLOBAL
  • LOGISTICS
  • MANUFACTURING
  • PROCUREMENT
  • VIDEO
    • News & Exclusives
    • Viewer Contributed
    • CSCMP EDGE 2022 Startup Alley
    • Upload your video
  • PODCAST ETC
    • Podcast
    • White Papers
    • Webcasts
    • Events
    • Blogs
      • Reflections
      • SCQ Forum
    • Mobile Apps
  • MAGAZINE
    • Current Issue
    • Archives
    • Digital Edition
    • Subscribe
    • Newsletters
  • STRATEGY
  • GLOBAL
  • LOGISTICS
  • MANUFACTURING
  • PROCUREMENT
  • VIDEO
    • News & Exclusives
    • Viewer Contributed
    • CSCMP EDGE 2022 Startup Alley
    • Upload your video
  • PODCAST ETC
    • Podcast
    • White Papers
    • Webcasts
    • Events
    • Blogs
      • Reflections
      • SCQ Forum
    • Mobile Apps
Home » Goodman breathes new life into Inglewood property
Press releases are provided by companies as is and have not been edited or checked for accuracy. Any queries should be directed to the company issuing the release.

Upload your press release

Goodman breathes new life into Inglewood property

Goodman breathes new life into Inglewood property
February 8, 2022
No Comments

Goodman has acquired a 5.5-acre prime site in Inglewood, CA to refurbish it into a modern, flexible,
mixed-use space. Over the years, the site has been home to a number of diverse businesses including a grain warehouse, a paint & oil company, a water company, and a printing press, among others. With this refurbishment, the site’s varied history starts a new chapter as the Goodman Innovation Center Inglewood.

The comprehensive renovation will include expansion of an open floor plan to create the opportunity for office and creative space, alongside around 114,000 sq ft of warehouse or distribution space – as well as exterior upgrades. It will be available for lease from April 2022.

Located at 540-550 North Oak Street in Inglewood, CA., this multi-faceted property is less than a mile from the 405 freeway, 3.4 miles from LAX and only 2 miles away from the new SoFi Stadium.

Discussing the property’s broad appeal, Goodman’s Head of Asset Management Mike Kent, said, “Inglewood is an attractive location for a wide range of customers given its proximity to Downtown LA and excellent transport links. It provides direct, same day delivery options to over 18 million consumers for businesses requiring that kind of access and scale.

“In addition, while still close enough to the entertainment capital, the area is increasingly considered an appealing alternative to West LA submarkets including Manhattan Beach, Santa Monica and Hawthorne for the tech and entertainment sectors. With a shortage of urban infill space of this size, and clear market demand, we also see this as the ideal creative hotspot location.”

Jonathan Larsen and Sally Zesut from Avison Young’s Los Angeles office represented Goodman on the recent purchase of the property and have been selected to lease the property. Commenting on current leasing opportunities Larsen said “overall vacancy for industrial product hit a record low of 0.52% for the Greater Los Angeles market in Q4 2021, Goodman’s comprehensive refurbishment will create a space that is bound to appeal to a wide variety of customers who want a base in this fantastic, supply constrained location.”

This is the latest project by Goodman North America which has developed 18 million sq ft of warehouse and distribution space in high quality locations, with its main focus on the infill markets of Los Angeles and Northern New Jersey.

To find out more about Goodman Innovation Center Inglewood and other leasing opportunities available visit us at us.goodman.com

https://us.goodman.com/
Submit your logistics, material handling, or supply chain related company news in Supply Chain Quarterly's's Industry Press Room section or New Products section
E-Commerce Warehousing Special Coverage
KEYWORDS Goodman Group
  • Related Articles

    Goodman launches brand new 100,000 square feet sustainable logistics center in New Jersey

    U.S. industrial property market to extend roll deep into 2018, firm says

    Goodman achieves global carbon neutrality ahead of 2025 target

You must login or register in order to post a comment.

Report Abusive Comment

Most Popular Articles

  • Forecasts call for freight rate slumps in 2023

  • Projected U.S. recession in early 2023 will soften freight market

  • Inflation drops again as interest rate hikes hit home, NRF says

  • How to avoid the next crisis: A new approach to supply chain agility

  • Five levers to build a resilient supply chain

Featured Video

20221107korber large vs

Enhancing Customer Experience with Your Supply Chain Strategy

Viewer Contributed
With the rise of e-commerce, many businesses have had to transform their warehouses to handle online orders in addition to regularly scheduled inventory shipments. This means warehouses need more information than ever before to ensure they can meet customers' needs. As a result, companies need to select warehouse...

FEATURED WHITE PAPERS

  • Guide to Pallet Rack Safety

  • 3PLs: Complete Orders Faster with Flexible Automation

  • A shipper's guide to navigating post-pandemic holiday freight

  • THE NEW WAY TO WAREHOUSE: 4 Innovations in Automation & Robotics to Boost Warehouse Productivity

View More

Subscribe to Supply Chain Quarterly

Get Your Subscription
  • SUBSCRIBE
  • E-NEWSLETTERS
  • ADVERTISING
  • CUSTOMER CARE
  • CONTACT
  • ABOUT
  • STAFF
  • PRIVACY POLICY

Copyright ©2023. All Rights ReservedDesign, CMS, Hosting & Web Development :: ePublishing