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AugUST 2011 -

DEDEAUX PROPERTIES PURCHASES VERNON SITE FOR DEVELOPMENT OF FOOD DISTRIBUTION COMPLEX

 

Los Angeles, CA—

Dedeaux Properties is pleased to announce the purchase of 2910 Ross Street

in Vernon, CA. The property consists of an approximately 12,610 sq. ft. trucking facility

situated on approximately 191,228 SF of land which will be re-developed into a state-of-the-art

food distribution complex of over 100,000 sq. ft.

 

Dedeaux Properties has been active in building and re-developing facilities for food-related uses

for the past several years. Dedeaux Properties is currently constructing an approx. 43,000 sq. ft.

produce distribution building for Heath and Lejeune, a leading Los Angeles based organic

produce wholesale, in the City of Commerce. Dedeaux Properties was the first company

nationwide to develop a LEED Gold Certified food processing plant for Contessa Foods also in

the City of Commerce.

 

“This acquisition represents our continued commitment to provide effective real estate

solutions to the vibrant Los Angeles wholesale food industry. This is a specialized niche which

requires expertise in construction of refrigeration and other specific building improvements.

We have a number of tenants interested in the site which is strategically located close to the

downtown produce mart while being able to take advantage of the lower utility rates in Vernon

and be adjacent to the Alameda Corridor," says Brett Dedeaux, Principal at Dedeaux Properties.

 

The deal was brokered by Bill Morrison, Robert Thornburgh and Tom Holland at Heger Industrial.

 

Based in Los Angeles, Dedeaux Properties, LLC is a family-controlled partnership which has

enjoyed a successful history of over 50 years in the development, acquisition and management of

over 6 million square feet of industrial properties located predominantly in Southern California

and the Greater Chicago area.



OUR VALUE

Whether improving or repositioning an underutilized property, acquiring a building with an existing tenant or developing a property from the ground up, Dedeaux Properties, LLC. creates value by utilizing its experience and operational expertise.



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