Dalfen Industrial continues IOS acquisitions across West Coast

Dalfen Industrial announced the acquisition of five industrial outdoor storage (IOS) sites along the West Coast. The assets were acquired in a venture with Centerbridge Partners. The venture is rapidly expanding its portfolio within infill industrial markets near ports and key logistics infrastructure.

In separate transactions, Dalfen acquired two properties in Hayward, Calif. – 847-877 Industrial Parkway and 23422 Clawiter Road. At acquisition, 847-877 Industrial Parkway was about 70 percent leased, and Dalfen secured a new tenant and brought occupancy to 100 percent. 23422 Clawiter was acquired 100 percent leased, with significant capital upgrades planned. Both sites offer strategic East Bay locations with convenient access to State Route 238, Interstates 880 and 580, and proximity to the Port of Oakland.

In Southern California, Dalfen acquired a fully paved and fenced yard at 12371 Los Nietos in Santa Fe Springs. The property three miles from the I-605/I-5 interch