OAK BROOK, IL – CenterPoint Properties announced the acquisition of a 155,425 SF facility at 4633 South Downey Road in Vernon, California. Located on 6.49 acres, the building is rail-served and fully leased by a national retail operator. Jack Cline of Lee & Associates represented the seller in the transaction.

“The proximity to Downtown Los Angeles combined with an oversized truck court make this an extremely rare asset,” said Ryan Dunlap, Senior Vice President of Investments at CenterPoint. “We are confident this asset will continue to position well for both e-commerce and reverse logistics.”

The site includes one of the premier truck courts in the Vernon submarket. The asset is situated less than one mile from the BNSF and UP Intermodals. With direct access to I-710, I-110 and I-5, the site can accommodate up to four daily trips to the Ports of Los Angeles and Long Beach located 21 miles away. Property features include 22 dock high doors, 24’ clear height, 56 car parking positions and 10 trailer parking positions.