Morgan Stanley Investment Management has acquired a strategic last-mile delivery distribution facility near LAX for $211 million, long-term leased to a major e-commerce retailer.

Target Information

Morgan Stanley Investment Management, via investment funds managed by Morgan Stanley Real Estate Investing (MSREI), has announced the acquisition of a state-of-the-art last-mile delivery distribution facility located adjacent to Los Angeles International Airport (LAX). This facility, leased long-term to a prominent multinational e-commerce retailer, represents a strategic investment in a rapidly growing sector.

The acquisition, valued at $211 million, encompasses a newly developed Class A distribution building along with an industrial outdoor storage (IOS) parking site situated on 19 acres of land. This prime location is important for logistical operations, ensuring efficient delivery to affluent communities such as Santa Monica, Brentwood, and Beverly Hills, which collectively house approximately three million residents.

Industry Overview in the United States

The logistics and supply chain management industry in the United States has experienced significant evolution, particularly in the era of e-commerce. Businesses are increasingly reliant on efficient supply chains t