Los Angeles may be best known as home to Hollywood stars and Disney characters, but to those in the logistics industry, the second largest urban centre in the US is better known as one of the largest gateway cities in the world.
Capitalising on this type of growth market is not always straightforward. A lack of available land for new development in the region requires an increasingly creative approach from Goodman. An example of how we’re doing this is our aquisition of a 55 acre former oil-refining site in Santa Fe Springs, California, a highly strategic location for our customers, due to its close proximity to consumers and the Ports. The site required extensive remediation, however the final product will deliver Class A distribution buildings ranging from approximately 28,000 sqm to 47,000 sqm.