v3.25.4
Schedule III - Real Estate and Accumulated Depreciation
12 Months Ended
Dec. 31, 2025
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation Disclosure [Abstract]  
Schedule III – Real Estate and Accumulated Depreciation
REXFORD INDUSTRIAL REALTY, INC.
SCHEDULE III – REAL ESTATE AND ACCUMULATED DEPRECIATION
As of December 31, 2025
(Dollars in thousands)
   Initial Cost
Costs Capitalized Subsequent to Acquisition(1)
Gross Amounts at Which Carried at Close of Period
   
Property AddressLocationEncumbrances LandBuilding and ImprovementsBuilding and Improvements
Land
Building & Improvements
Total
Accumulated Depreciation (2)
Year Build / Year RenovatedYear Acquired
15241 - 15277, 15317 - 15339 Don Julian Rd.City of Industry, CA$— 
(3)
$3,875 $2,407 $11,502 $3,875 $13,909 $17,784 $(10,033)1965, 2005 / 20032002
300 South Lewis RoadCamarillo, CA— 
(3)
4,150 3,050 11,310 4,150 14,360 18,510 (10,499)1960-1963 / 20062003
1400 South Shamrock Ave.Monrovia, CA— 2,317 2,534 1,581 2,317 4,115 6,432 (3,179)1957, 1962 / 20042003
2220-2260 Camino del SolOxnard, CA— 
(3)
868 — 5,546 868 5,546 6,414 (3,150)20052003
14250-14278 Valley Blvd.La Puente, CA— 2,539 2,020 3,959 2,539 5,979 8,518 (4,559)1974 / 20072003
2300-2386 East Walnut Ave.Fullerton, CA— 
(3)
6,817 6,089 3,602 6,817 9,691 16,508 (7,018)1985-1986 / 20052004
15140 & 15148 Bledsoe St., 13065 - 13081 Bradley Ave.Sylmar, CA— 2,525 3,380 7,576 2,525 10,956 13,481 (7,404)1969, 2008 / 20162004
28340 - 28400 Avenue CrockerValencia, CA— 2,666 3,343 4,591 2,666 7,934 10,600 (5,229)1987 / 2006 / 20152004
21-29 West Easy St.Simi Valley, CA— 2,346 4,522 4,318 2,346 8,840 11,186 (5,748)1991 / 20062004
10439-10477 Roselle St.San Diego, CA— 4,711 3,199 7,408 4,711 10,607 15,318 (4,785)1970 / 20072013
2575 Pioneer Ave.Vista, CA— 1,784 2,974 3,394 1,784 6,368 8,152 (3,943)1988 / 20062004
9641 - 9657 Santa Fe Springs Rd.Santa Fe Springs, CA— 3,740 260 7,316 3,740 7,576 11,316 (3,930)1982 / 20092006
2431-2465 Impala Dr.Carlsbad, CA— 5,470 7,308 7,634 5,470 14,942 20,412 (9,638)1983 / 20062006
6200 & 6300 Yarrow Dr.Carlsbad, CA— 5,001 7,658 5,704 5,001 13,362 18,363 (9,512)1977-1988 / 20062005
6231 & 6241 Yarrow Dr.Carlsbad, CA— 3,473 5,119 3,419 3,473 8,538 12,011 (5,672)1977 / 20062006
9160 - 9220 Cleveland Ave., 10860 6th St.Rancho Cucamonga, CA— 3,647 11,867 3,674 3,647 15,541 19,188 (11,414)1988-1989 / 20062006
18118-18120 S. Broadway St.Carson, CA— 3,013 2,161 1,651 3,013 3,812 6,825 (1,760)1957 / 1989, 20172013
901 W. Alameda Ave.Burbank, CA— 6,304 2,996 7,790 6,304 10,786 17,090 (6,200)1969 / 20092007
1938-1946 E. 46th St.Vernon, CA— 7,015 7,078 4,323 7,015 11,401 18,416 (6,153)1961, 1983 / 2008-20102007
9220-9268 Hall Rd.Downey, CA— 6,974 2,902 1,584 6,974 4,486 11,460 (2,741)20082009
929, 935, 939 & 951 Poinsettia Ave.Vista, CA— 4,213 5,584 (1,500)2,678 5,619 8,297 (3,603)1989 / 20072008
   Initial Cost
Costs Capitalized Subsequent to Acquisition(1)
Gross Amounts at Which Carried at Close of Period
   
Property AddressLocationEncumbrances LandBuilding and ImprovementsBuilding and Improvements
Land
Building & Improvements
Total
Accumulated Depreciation (2)
Year Build / Year RenovatedYear Acquired
6750 Unit C - 6780 Central Ave.Riverside, CA— 1,564 584 (202)678 1,268 1,946 (682)19782007
1050 Arroyo Ave.San Fernando, CA— 3,092 1,900 822 3,092 2,722 5,814 (1,343)1969 / 20122010
121-125 N. Vinedo Ave.Pasadena, CA— 3,481 3,530 3,626 3,481 7,156 10,637 (1,977)1953, 1993 / 20242011
3441 West MacArthur Blvd.Santa Ana, CA— 4,179 5,358 2,808 4,179 8,166 12,345 (2,331)1973 / 20222011
6701 & 6711 Odessa Ave.Van Nuys, CA— 1,582 1,856 1,438 1,582 3,294 4,876 (1,846)1970-1972 / 20122011
10700 Jersey Blvd.Rancho Cucamonga, CA— 3,158 4,860 3,613 3,158 8,473 11,631 (4,170)1988-19892011
15705, 15709 Arrow Highway & 5220 Fourth St.Irwindale, CA— 3,608 2,699 2,065 3,608 4,764 8,372 (2,429)19872011
20920-20950 Normandie Ave.Torrance, CA— 3,253 1,605 1,006 3,253 2,611 5,864 (1,430)19892011
14944, 14946, 14948 Shoemaker Ave.Santa Fe Springs, CA— 3,720 2,641 1,590 3,720 4,231 7,951 (2,130)1978 / 20122011
1400 S. Campus Ave.Ontario, CA— 3,266 2,961 21 3,266 2,982 6,248 (1,957)1964-1966, 1973, 19872012
15041 Calvert St.Van Nuys, CA— 4,096 1,570 272 4,096 1,842 5,938 (849)19712012
701 Del Norte Blvd.Oxnard, CA— 3,082 6,230 2,181 3,082 8,411 11,493 (4,150)20002012
3350 Tyburn St., 3332, 3334, 3360, 3368, 3370, 3378, 3380, 3410, 3424 N. San Fernando Rd.Los Angeles, CA— 17,978 39,471 11,007 17,978 50,478 68,456 (21,761)1966, 1992, 1993, 19942013
1661 240th St.Los Angeles, CA— 3,043 2,550 4,031 3,043 6,581 9,624 (3,425)1975 / 19952013
18310-18330 Oxnard St.Tarzana, CA— 2,497 5,494 2,206 2,497 7,700 10,197 (3,888)19732013
1100-1170 Gilbert St. & 2353-2373 La Palma Ave.Anaheim, CA1,323 4,582 5,135 4,412 4,582 9,547 14,129 (4,607)1972 / 1990 / 20132013
280 Bonita Ave., 2743 Thompson Creek Rd.Pomona, CA— 8,001 17,734 601 8,001 18,335 26,336 (8,057)19832013
2950 Madera Rd.Simi Valley, CA— 
(3)
3,601 8,033 1,041 3,601 9,074 12,675 (3,687)1988 / 20052013
10635 Vanowen St.Burbank, CA— 1,517 1,833 1,483 1,517 3,316 4,833 (1,707)19772013
7110 Rosecrans Ave.Paramount, CA— 3,117 1,894 2,495 3,117 4,389 7,506 (1,819)1972 / 2015, 20192014
845, 855, 865 S Milliken Ave & 4317, 4319 Santa Ana St.Ontario, CA— 2,260 6,043 1,901 2,260 7,944 10,204 (3,830)19852014
1500-1510 W. 228th St.Torrance, CA— 2,428 4,271 7,711 2,428 11,982 14,410 (4,294)1963 / 1968, 20172014
24105 Frampton Ave.Torrance, CA— 2,315 1,553 2,090 2,315 3,643 5,958 (1,704)1974 / 20162014
   Initial Cost
Costs Capitalized Subsequent to Acquisition(1)
Gross Amounts at Which Carried at Close of Period
   
Property AddressLocationEncumbrances LandBuilding and ImprovementsBuilding and Improvements
Land
Building & Improvements
Total
Accumulated Depreciation (2)
Year Build / Year RenovatedYear Acquired
1700 Saturn WaySeal Beach, CA— 7,935 10,525 371 7,935 10,896 18,831 (4,851)20062014
2980 & 2990 N San Fernando RoadBurbank, CA— 6,373 7,356 1,107 6,373 8,463 14,836 (3,876)1950 / 20042014
20531 Crescent Bay Dr.Lake Forest, CA— 2,181 4,012 517 2,181 4,529 6,710 (2,124)19982014
2610 & 2701 S. Birch StreetSanta Ana, CA— 9,305 2,115 4,668 9,305 6,783 16,088 (3,269)1965 / 20162014
710 South Dupont Avenue & 4051 Santa Ana StreetOntario, CA— 3,725 6,145 2,116 3,725 8,261 11,986 (3,279)20012014
9755 Distribution Ave.San Diego, CA— 1,863 3,211 2,038 1,863 5,249 7,112 (1,726)1974 / 20242014
9855 Distribution AveSan Diego, CA— 2,733 5,041 918 2,733 5,959 8,692 (2,575)19832014
9340 Cabot DriveSan Diego, CA— 4,311 6,126 4,664 4,311 10,790 15,101 (3,532)1975 / 19762014
9404 Cabot DriveSan Diego, CA— 2,413 3,451 685 2,413 4,136 6,549 (1,801)1975 / 19762014
9455 Cabot DriveSan Diego, CA— 4,423 6,799 7,808 4,423 14,607 19,030 (3,603)1975 / 1976, 20252014
14955-14971 E Salt Lake AveCity of Industry, CA— 5,125 5,009 5,745 5,125 10,754 15,879 (3,196)1979 / 20252014
5235 East Hunter Ave.Anaheim, CA— 5,240 5,065 12,208 5,240 17,273 22,513 (974)19872014
3880 West Valley Blvd.Pomona, CA— 3,982 4,796 3,635 3,982 8,431 12,413 (3,831)1980 / 20172014
1601 Alton Pkwy.Irvine, CA— 7,638 4,946 8,975 7,638 13,921 21,559 (5,851)1974 / 20182014
3116 W. Avenue 32Los Angeles, CA— 3,761 6,729 3,515 3,761 10,244 14,005 (4,694)19742014
21040 Nordoff Street; 9035 Independence Avenue; 21019 - 21045 Osborne StreetChatsworth, CA— 7,230 9,058 8,022 7,230 17,080 24,310 (6,691)1979 / 19802014
24935 & 24955 Avenue KearnySanta Clarita, CA— 4,773 5,970 2,504 4,773 8,474 13,247 (3,355)19882014
605 8th StreetSan Fernando, CA— 2,393 2,742 2,147 2,393 4,889 7,282 (2,008)1991 / 2015, 20202014
9120 Mason Ave.Chatsworth, CA— 9,224 19,346 997 9,224 20,343 29,567 (8,403)1967 / 19992014
7900 Nelson Rd.Los Angeles, CA— 8,495 15,948 2,798 8,495 18,746 27,241 (7,829)1998 / 20152014
679-691 S Anderson St.Los Angeles, CA— 1,723 4,767 1,955 1,723 6,722 8,445 (2,796)1992 / 20172014
10509 Business DriveFontana, CA— 3,505 5,237 3,450 3,505 8,687 12,192 (3,025)19892014
13231 Slover AvenueFontana, CA— 2,812 4,739 1,194 2,812 5,933 8,745 (2,690)19902014
240 W Ivy AvenueInglewood, CA— 2,064 3,675 4,622 2,064 8,297 10,361 (3,637)19812014
   Initial Cost
Costs Capitalized Subsequent to Acquisition(1)
Gross Amounts at Which Carried at Close of Period
   
Property AddressLocationEncumbrances LandBuilding and ImprovementsBuilding and Improvements
Land
Building & Improvements
Total
Accumulated Depreciation (2)
Year Build / Year RenovatedYear Acquired
3000 Paseo Mercado, 3120-3150 Paseo MercadoOxnard, CA— 2,616 8,311 2,456 2,616 10,767 13,383 (5,077)19882014
1800 Eastman Ave.Oxnard, CA— 842 2,209 187 842 2,396 3,238 (1,073)20092014
201 Rice Ave. & 2400-2420 CelsiusOxnard, CA— 3,487 9,589 3,038 3,487 12,627 16,114 (5,091)20082014
11120, 11160, 11200 Hindry AveLos Angeles, CA— 3,478 7,834 1,174 3,478 9,008 12,486 (3,791)1992 / 19942014
6970-7170 & 7310-7374 Convoy Ct.San Diego, CA— 10,805 18,426 5,238 10,805 23,664 34,469 (10,846)19712014
12907 Imperial HighwaySanta Fe Springs, CA— 5,462 6,678 3,266 5,462 9,944 15,406 (2,739)1997 / 20242015
8902-8940 Activity RoadSan Diego, CA— 9,427 8,103 4,397 9,427 12,500 21,927 (5,280)1987 / 1997 / 20242015
1210 N Red Gum St.Anaheim, CA— 3,326 4,020 1,517 3,326 5,537 8,863 (2,251)1985 / 20202015
9615 Norwalk Blvd.Santa Fe Springs, CA— 8,508 1,134 53,292 8,508 54,426 62,934 (324)1975 / 20252015
16221 Arthur St.Cerritos, CA— 2,979 3,204 1,828 2,979 5,032 8,011 (1,893)1979 / 20212015
2588 & 2605 Industry WayLynwood, CA— 8,738 9,415 — 8,738 9,415 18,153 (4,217)1969 / 19712015
425 S. Hacienda Blvd.City of Industry, CA— 4,010 3,050 691 4,010 3,741 7,751 (1,505)19972015
6700 S Alameda St.Huntington Park, CA— 3,502 9,279 498 3,502 9,777 13,279 (4,335)1990 / 20082015
12720-12860 Danielson Ct.Poway, CA— 6,902 8,949 2,613 6,902 11,562 18,464 (5,445)19992015
10950 Norwalk Blvd & 12241 Lakeland Rd.Santa Fe Springs, CA— 3,446 1,241 550 3,446 1,791 5,237 (927)19822015
610-760 W Hueneme Rd. & 5651-5721 Perkins Rd.Oxnard, CA— 3,310 5,806 3,462 3,310 9,268 12,578 (4,784)19852015
10701-10719 Norwalk Blvd.Santa Fe Springs, CA— 3,357 3,527 368 3,357 3,895 7,252 (1,623)20042015
6020 Sheila St.Commerce, CA— 4,590 7,772 1,184 4,590 8,956 13,546 (3,583)20002015
9805 6th St.Rancho Cucamonga, CA— 3,503 3,204 1,624 3,503 4,828 8,331 (2,398)19862015
16321 Arrow Hwy.Irwindale, CA— 3,087 4,081 466 3,087 4,547 7,634 (1,812)1955 / 20012015
601-605 S. Milliken Ave.Ontario, CA— 5,479 7,036 2,667 5,479 9,703 15,182 (4,371)1987 / 19882015
1065 E. Walnut Ave.Carson, CA— 10,038 4,380 5,887 10,038 10,267 20,305 (4,004)19742015
12247 Lakeland Rd.Santa Fe Springs, CA— 3,481 776 1,345 3,481 2,121 5,602 (866)1971 / 20162015
17311 Nichols LaneHuntington Beach, CA— 7,988 8,728 1,667 7,988 10,395 18,383 (3,399)1993 / 2014, 20242015
8525 Camino Santa FeSan Diego, CA— 4,038 4,055 2,616 4,038 6,671 10,709 (2,951)19862016
   Initial Cost
Costs Capitalized Subsequent to Acquisition(1)
Gross Amounts at Which Carried at Close of Period
   
Property AddressLocationEncumbrances LandBuilding and ImprovementsBuilding and Improvements
Land
Building & Improvements
Total
Accumulated Depreciation (2)
Year Build / Year RenovatedYear Acquired
28454 Livingston AvenueValencia, CA— 5,150 9,666 1,195 5,150 10,861 16,011 (4,139)20072016
16425 Gale AvenueCity of Industry, CA— 18,803 6,029 3,065 18,803 9,094 27,897 (2,906)19762016
12131 Western AvenueGarden Grove, CA— 15,077 11,149 4,884 15,077 16,033 31,110 (6,455)1987 / 2007, 20172016
9 HollandIrvine, CA— 13,724 9,365 1,547 13,724 10,912 24,636 (4,239)1980 / 20132016
15996 Jurupa AvenueFontana, CA— 7,855 12,056 153 7,855 12,209 20,064 (4,871)20152016
11127 Catawba AvenueFontana, CA— 5,562 8,094 127 5,562 8,221 13,783 (3,283)20152016
13550 Stowe DrivePoway, CA— 9,126 8,043 — 9,126 8,043 17,169 (3,513)19912016
10750-10826 Lower Azusa RoadEl Monte, CA— 4,433 2,961 2,338 4,433 5,299 9,732 (2,192)19752016
525 Park AvenueSan Fernando, CA— 3,830 3,887 732 3,830 4,619 8,449 (1,757)20032016
3211-3233 Mission Oaks Blvd.Camarillo, CA— 13,791 10,017 45,101 13,791 55,118 68,909 (11,267)1980-1982 / 2014, 2018, 2019, 20252016
1600 Orangethorpe Ave. & 1335-1375 Acacia Ave.Fullerton, CA— 26,659 12,673 6,194 26,659 18,867 45,526 (8,206)1968 / 19852016
14742-14750 Nelson AvenueCity of Industry, CA— 13,463 1,680 17,745 13,463 19,425 32,888 (6,798)1969 / 20182016
301-445 Figueroa StreetWilmington, CA— 7,126 5,728 5,614 7,126 11,342 18,468 (4,057)1972 / 20182016
12320 4th StreetRancho Cucamonga, CA— 12,642 14,179 39 12,642 14,218 26,860 (6,144)1997/20032016
9190 Activity RoadSan Diego, CA— 8,497 5,622 954 8,497 6,576 15,073 (2,878)19862016
28903-28903 Avenue PaineValencia, CA— 10,620 6,510 20,230 10,620 26,740 37,360 (6,213)1999 / 2018, 20222017
2390 Ward AvenueSimi Valley, CA— 5,624 10,045 3,233 5,624 13,278 18,902 (4,958)19892017
Safari Business Center(4)
Ontario, CA— 50,807 86,065 22,794 50,807 108,859 159,666 (41,353)19892017
4175 Conant StreetLong Beach, CA— 13,785 13,440 — 13,785 13,440 27,225 (5,249)20152017
5421 Argosy AvenueHuntington Beach, CA— 3,577 1,490 174 3,577 1,664 5,241 (712)19762017
14820-14830 Carmenita RoadNorwalk, CA— 22,938 6,738 2,420 22,938 9,158 32,096 (3,189)1970, 20002017
3002-3072 Inland Empire Blvd.Ontario, CA— 11,980 14,439 4,127 11,980 18,566 30,546 (7,604)19812017
800 Sandhill Avenue (17000 Kingsview Avenue)Carson, CA— 7,988 5,472 4,424 7,988 9,896 17,884 (1,951)1984 / 20252017
2301-2329, 2331-2359, 2361-2399, 2370-2398 & 2332-2366 E. Pacifica Place; 20001-20021 Rancho WayRancho Dominguez, CA— 121,329 86,776 32,439 121,329 119,215 240,544 (34,359)1989 / 2021, 20252017
   Initial Cost
Costs Capitalized Subsequent to Acquisition(1)
Gross Amounts at Which Carried at Close of Period
   
Property AddressLocationEncumbrances LandBuilding and ImprovementsBuilding and Improvements
Land
Building & Improvements
Total
Accumulated Depreciation (2)
Year Build / Year RenovatedYear Acquired
11190 White Birch DriveRancho Cucamonga, CA— 9,405 9,840 950 9,405 10,790 20,195 (3,997)19862017
4832-4850 Azusa Canyon RoadIrwindale, CA— 5,330 8,856 568 5,330 9,424 14,754 (3,172)20162017
1825 Soto StreetLos Angeles, CA— 2,129 1,315 215 2,129 1,530 3,659 (564)19932017
19402 Susana RoadRancho Dominguez, CA— 3,524 357 23 3,524 380 3,904 (183)19572017
13225 Western AvenueGardena, CA— 1,918 355 363 1,918 718 2,636 (246)19552017
687 Eucalyptus AvenueInglewood, CA— 37,035 15,120 275 37,035 15,395 52,430 (4,968)20172017
302 Rockefeller AvenueOntario, CA— 6,859 7,185 881 6,859 8,066 14,925 (2,661)20002017
4355 Brickell StreetOntario, CA— 7,295 5,616 573 7,295 6,189 13,484 (2,259)20042017
12622-12632 Monarch StreetGarden Grove, CA— 11,691 8,290 2,106 11,691 10,396 22,087 (3,865)19672017
8315 Hanan WayPico Rivera, CA— 8,714 4,751 180 8,714 4,931 13,645 (1,718)19762017
13971 Norton AvenueChino, CA— 5,293 6,377 2,847 5,293 9,224 14,517 (2,518)19902018
1900 Proforma AvenueOntario, CA— 10,214 5,127 1,656 10,214 6,783 16,997 (2,905)19892018
16010 Shoemaker AvenueCerritos, CA— 9,927 6,948 741 9,927 7,689 17,616 (2,505)19852018
4039 Calle PlatinoOceanside, CA— 9,476 11,394 5,000 9,476 16,394 25,870 (4,651)1991 / 20242018
851 Lawrence DriveThousand Oaks, CA— 6,717 — 13,504 6,717 13,504 20,221 (2,964)1968 / 20212018
1581 North Main StreetOrange, CA— 4,230 3,313 273 4,230 3,586 7,816 (1,161)19942018
1580 West Carson StreetLong Beach, CA— 5,252 2,496 2,254 5,252 4,750 10,002 (1,684)1982 / 20182018
660 & 664 North Twin Oaks Valley RoadSan Marcos, CA— 6,307 6,573 444 6,307 7,017 13,324 (2,444)1978 - 19882018
1190 Stanford CourtAnaheim, CA— 3,583 2,430 432 3,583 2,862 6,445 (923)19792018
5300 Sheila StreetCommerce, CA— 90,568 54,086 236 90,568 54,322 144,890 (17,985)19752018
15777 Gateway CircleTustin, CA— 3,815 4,292 63 3,815 4,355 8,170 (1,339)20052018
1998 Surveyor AvenueSimi Valley, CA— 3,670 2,263 4,918 3,670 7,181 10,851 (2,211)20182018
3100 Fujita StreetTorrance, CA— 7,723 5,649 1,983 7,723 7,632 15,355 (1,881)19702018
4416 Azusa Canyon RoadIrwindale, CA— 10,762 1,567 21,210 10,762 22,777 33,539 (4)1956 / 20252018
1420 McKinley AvenueCompton, CA— 17,053 13,605 143 17,053 13,748 30,801 (4,368)20172018
12154 Montague StreetPacoima, CA— 10,114 12,767 959 10,114 13,726 23,840 (3,960)19742018
10747 Norwalk BoulevardSanta Fe Springs, CA— 5,646 4,966 2,323 5,646 7,289 12,935 (1,698)19992018
29003 Avenue ShermanValencia, CA— 3,094 6,467 1,826 3,094 8,293 11,387 (2,114)2000 / 20192018
   Initial Cost
Costs Capitalized Subsequent to Acquisition(1)
Gross Amounts at Which Carried at Close of Period
   
Property AddressLocationEncumbrances LandBuilding and ImprovementsBuilding and Improvements
Land
Building & Improvements
Total
Accumulated Depreciation (2)
Year Build / Year RenovatedYear Acquired
16121 Carmenita RoadCerritos, CA— 10,013 3,279 4,378 10,013 7,657 17,670 (2,018)1969/1983, 20202018
1332-1340 Rocky Point DriveOceanside, CA— 1,196 1,915 286 1,196 2,201 3,397 (731)2009 / 20192018
6131-6133 Innovation WayCarlsbad, CA— 10,545 11,859 587 10,545 12,446 22,991 (3,969)20172018
263-321 Gardena BoulevardCarson, CA— 14,302 1,960 2,644 14,302 4,604 18,906 (942)1977 - 1982 / 20242018
9200 Mason AvenueChatsworth, CA— 4,887 4,080 2,885 4,887 6,965 11,852 (1,195)19682018
9230 Mason AvenueChatsworth, CA— 4,454 955 1,271 4,454 2,226 6,680 (422)19742018
9250 Mason AvenueChatsworth, CA— 4,034 2,464 687 4,034 3,151 7,185 (764)19772018
9171 Oso AvenueChatsworth, CA— 5,647 2,801 20 5,647 2,821 8,468 (904)19802018
5593-5595 Fresca DriveLa Palma, CA— 11,414 2,502 818 11,414 3,320 14,734 (1,121)19732018
6100 Sheila StreetCommerce, CA— 11,789 5,214 2,511 11,789 7,725 19,514 (2,467)19602018
14421-14441 Bonelli StreetCity of Industry, CA— 12,191 7,489 361 12,191 7,850 20,041 (2,411)19712018
12821 Knott StreetGarden Grove, CA— 17,896 2,824 17,426 17,896 20,250 38,146 (2,593)1971 / 20232019
28510 Industry DriveValencia, CA— 2,395 5,466 128 2,395 5,594 7,989 (1,584)20172019
Conejo Spectrum Business ParkThousand Oaks, CA— 38,877 64,721 2,257 38,877 66,978 105,855 (18,594)2018 / 20202019
2455 Ash StreetVista, CA— 4,273 1,966 327 4,273 2,293 6,566 (910)19902019
25413 Rye Canyon RoadSanta Clarita, CA— 3,245 2,352 3,850 3,245 6,202 9,447 (1,319)19812019
1515 15th StreetLos Angeles, CA— 23,363 5,208 2,485 23,363 7,693 31,056 (1,988)19772019
13890 Nelson AvenueCity of Industry, CA— 25,642 14,616 402 25,642 15,018 40,660 (4,295)19822019
445-449 Freedom AvenueOrange, CA— 9,084 8,286 650 9,084 8,936 18,020 (2,627)19802019
980 Rancheros DriveSan Marcos, CA— 2,901 4,245 346 2,901 4,591 7,492 (1,350)19822019
1145 Arroyo AvenueSan Fernando, CA— 19,556 9,567 1,638 19,556 11,205 30,761 (3,133)19892019
1150 Aviation PlaceSan Fernando, CA— 18,989 10,067 40 18,989 10,107 29,096 (3,182)19892019
1175 Aviation PlaceSan Fernando, CA— 12,367 4,858 3,613 12,367 8,471 20,838 (1,534)1989 / 20252019
1245 Aviation PlaceSan Fernando, CA— 16,407 9,572 143 16,407 9,715 26,122 (2,852)19892019
   Initial Cost
Costs Capitalized Subsequent to Acquisition(1)
Gross Amounts at Which Carried at Close of Period
   
Property AddressLocationEncumbrances LandBuilding and ImprovementsBuilding and Improvements
Land
Building & Improvements
Total
Accumulated Depreciation (2)
Year Build / Year RenovatedYear Acquired
635 8th StreetSan Fernando, CA— 8,787 5,922 2,125 8,787 8,047 16,834 (1,887)19892019
10015 Waples CourtSan Diego, CA— 12,280 9,198 5,463 12,280 14,661 26,941 (3,429)1988 / 20202019
19100 Susana RoadRancho Dominguez, CA— 11,576 2,265 450 11,576 2,715 14,291 (1,033)19562019
15385 Oxnard StreetVan Nuys, CA— 11,782 5,212 235 11,782 5,447 17,229 (1,601)19882019
9750-9770 San Fernando RoadSun Valley, CA— 6,718 543 223 6,718 766 7,484 (344)19522019
218 S. Turnbull CanyonCity of Industry, CA— 19,075 8,061 3,962 19,075 12,023 31,098 (2,687)19992019
Limonite Ave. & Archibald Ave.Eastvale, CA— 23,848 — 31,704 23,848 31,704 55,552 (7,663)20202019
3340 San Fernando RoadLos Angeles, CA— 2,885 147 (115)2,770 147 2,917 (119)n/a2019
5725 Eastgate DriveSan Diego, CA— 6,543 1,732 332 6,543 2,064 8,607 (858)19952019
18115 Main StreetCarson, CA— 7,142 776 324 7,142 1,100 8,242 (388)19882019
3150 Ana StreetRancho Dominguez, CA— 15,997 3,036 27 15,997 3,063 19,060 (967)19572019
1402 Avenida Del OroOceanside, CA— 33,006 34,439 39 33,006 34,478 67,484 (10,039)20162019
9607-9623 Imperial HighwayDowney, CA— 9,766 865 2,291 9,766 3,156 12,922 (964)19742019
12200 Bellflower BoulevardDowney, CA— 14,960 2,057 425 14,960 2,482 17,442 (855)19552019
Storm ParkwayTorrance, CA— 42,178 21,987 6,696 42,178 28,683 70,861 (6,440)1982 - 2008 / 20242019
2328 Teller RoadNewbury Park, CA— 8,330 14,304 2,316 8,330 16,620 24,950 (4,658)1970 / 20182019
6277-6289 Slauson AvenueCommerce, CA— 27,809 11,454 3,118 27,809 14,572 42,381 (3,795)1962 - 19772019
750 Manville Street    Compton, CA— 8,283 2,784 652 8,283 3,436 11,719 (997)19772019
8985 Crestmar PointSan Diego, CA— 6,990 1,350 6,632 6,990 7,982 14,972 (624)1988 / 20252019
404-430 Berry WayBrea, CA— 21,047 4,566 69 19,315 6,367 25,682 — 1964 - 19672019
415-435 Motor AvenueAzusa, CA— 7,364 — 10,971 7,364 10,971 18,335 (1,744)1956 / 20222019
508 East E StreetWilmington, CA— 10,742 4,380 (4,380)10,742 — 10,742 — 1988 / 20242019
12752-12822 Monarch StreetGarden Grove, CA— 29,404 4,262 23,457 29,404 27,719 57,123 (4,167)1971 / 20232019
1601 Mission Blvd.Pomona, CA— 67,623 18,962 5,186 67,623 24,148 91,771 (6,614)19522019
   Initial Cost
Costs Capitalized Subsequent to Acquisition(1)
Gross Amounts at Which Carried at Close of Period
   
Property AddressLocationEncumbrances LandBuilding and ImprovementsBuilding and Improvements
Land
Building & Improvements
Total
Accumulated Depreciation (2)
Year Build / Year RenovatedYear Acquired
2757 Del Amo Blvd.Rancho Dominguez, CA— 10,035 2,073 584 10,035 2,657 12,692 (916)19672019
18250 Euclid StreetFountain Valley, CA— 11,116 3,201 23 11,116 3,224 14,340 (895)19742019
701-751 Kingshill PlaceCarson, CA6,715 23,016 10,344 4,576 23,016 14,920 37,936 (3,621)1979 / 20202020
2601-2641 Manhattan Beach BlvdRedondo Beach, CA— 30,333 9,427 6,312 30,333 15,739 46,072 (4,311)19782020
2410-2420 Santa Fe AvenueRedondo Beach, CA10,300 24,310 13,128 24,310 13,134 37,444 (3,228)19772020
11600 Los Nietos RoadSanta Fe Springs, CA— 12,033 4,666 6,307 12,033 10,973 23,006 (1,278)1976 / 20222020
5160 Richton StreetMontclair, CA— 7,199 8,203 1,245 7,199 9,448 16,647 (2,368)20042020
2205 126th StreetHawthorne, CA5,200 11,407 6,834 1,406 11,407 8,240 19,647 (2,364)19982020
11832-11954 La Cienega BlvdHawthorne, CA3,688 13,625 5,721 1,257 13,625 6,978 20,603 (2,130)19992020
7612-7642 Woodwind DriveHuntington Beach, CA— 10,634 2,901 942 10,634 3,843 14,477 (968)20012020
960-970 Knox StreetTorrance, CA— 7,324 2,380 1,227 7,324 3,607 10,931 (1,342)19762020
25781 Atlantic Ocean DriveLake Forest, CA— 4,358 1,067 846 4,358 1,913 6,271 (450)19962020
720-750 Vernon AvenueAzusa, CA— 14,088 1,638 14,088 1,642 15,730 (700)19502020
6687 Flotilla StreetCommerce, CA— 14,501 6,053 627 14,501 6,680 21,181 (1,626)19562020
22895 Eastpark DriveYorba Linda, CA— 5,337 1,370 199 5,337 1,569 6,906 (481)19862020
8745-8775 Production AvenueSan Diego, CA— 6,471 1,551 2,014 6,471 3,565 10,036 (1,067)1974 / 20212020
15850 Slover AvenueFontana, CA— 3,634 6,452 55 3,634 6,507 10,141 (1,410)20202020
15650-15700 Avalon BlvdLos Angeles, CA— 22,353 5,988 9,208 22,353 15,196 37,549 (1,800)1962 - 1978 / 20222020
11308-11350 Penrose StreetSun Valley, CA— 15,884 11,169 5,184 15,884 16,353 32,237 (3,099)1974 / 20242020
11076-11078 Fleetwood StreetSun Valley, CA— 3,217 1,446 1,404 3,217 2,850 6,067 (587)19742020
12133 Greenstone AvenueSanta Fe Springs, CA— 5,900 891 7,408 5,900 8,299 14,199 (1,119)1967 / 20232020
12772 San Fernando RoadSylmar, CA— 17,302 3,832 22,310 17,302 26,142 43,444 (21)1964 / 2013 / 20252020
15601 Avalon BlvdLos Angeles, CA— 15,776 — 13,873 15,776 13,873 29,649 (1,873)1984 / 20232020
Gateway PointeWhittier, CA— 132,659 154,250 1,777 132,659 156,027 288,686 (31,074)2005 - 20062020
   Initial Cost
Costs Capitalized Subsequent to Acquisition(1)
Gross Amounts at Which Carried at Close of Period
   
Property AddressLocationEncumbrances LandBuilding and ImprovementsBuilding and Improvements
Land
Building & Improvements
Total
Accumulated Depreciation (2)
Year Build / Year RenovatedYear Acquired
13943-13955 Balboa BlvdSylmar, CA13,814 26,795 18,484 2,144 26,795 20,628 47,423 (4,539)20002020
Van Nuys Airport Industrial CenterVan Nuys, CA— 91,894 58,625 12,865 91,894 71,490 163,384 (13,711)1961 - 20072020
4039 State StreetMontclair, CA— 12,829 15,485 124 12,829 15,609 28,438 (3,281)20202020
10156 Live Oak AvenueFontana, CA— 19,779 27,186 965 19,779 28,151 47,930 (5,969)20202020
10694 Tamarind AvenueFontana, CA— 8,878 12,325 190 8,878 12,515 21,393 (2,568)20202020
2520 Baseline RoadRialto, CA— 12,513 16,377 185 12,513 16,562 29,075 (3,366)20202020
12211 Greenstone AvenueSanta Fe Springs, CA— 15,729 1,636 46 15,729 1,682 17,411 (682)N/A2020
East 27th StreetLos Angeles, CA— 40,332 21,842 9,072 40,332 30,914 71,246 (5,060)1961 - 2004 / 20242020
2750 Alameda StreetLos Angeles, CA— 24,644 5,771 2,284 24,644 8,055 32,699 (1,934)1961 - 19802020
29010 Avenue PaineValencia, CA— 7,401 8,168 1,790 7,401 9,958 17,359 (1,978)20002020
29010 Commerce Center DriveValencia, CA— 10,499 13,832 65 10,499 13,897 24,396 (2,803)20022020
13369 Valley BlvdFontana, CA— 9,675 10,393 1,023 9,675 11,416 21,091 (2,356)20052020
6635 Caballero BlvdBuena Park, CA— 14,288 7,919 615 14,288 8,534 22,822 (1,753)20032020
1235 South Lewis StreetAnaheim, CA— 16,984 1,519 1,997 16,984 3,516 20,500 (792)1956 / 20222020
15010 Don Julian RoadCity of Industry, CA— 24,017 — 41,944 24,017 41,944 65,961 (5)1963 / 20252021
5002-5018 Lindsay CourtChino, CA— 6,996 5,658 1,925 6,996 7,583 14,579 (1,515)19862021
514 East C StreetLos Angeles, CA— 9,114 1,205 9,114 1,209 10,323 (342)20192021
17907 Figueroa StreetLos Angeles, CA— 18,065 1,829 19,898 18,065 21,727 39,792 (210)1954 - 1960 / 20252021
7817 Woodley AvenueVan Nuys, CA2,609 5,496 4,615 208 5,496 4,823 10,319 (928)19602021
8888-8992 Balboa AvenueSan Diego, CA— 20,033 — 26,466 20,033 26,466 46,499 (1,241)1967 / 20242021
9920-10020 Pioneer BlvdSanta Fe Springs, CA— 21,345 2,118 34,832 21,345 36,950 58,295 (1,734)1973 - 1978 / 20242021
6655 East 26th StreetCommerce, CA— 5,195 1,780 570 5,195 2,350 7,545 (491)19652021
560 Main StreetOrange, CA— 2,660 432 476 2,660 908 3,568 (237)19732021
4225 Etiwanda AvenueJurupa Valley, CA— 16,287 15,537 1,618 16,287 17,155 33,442 (3,268)19982021
12118 Bloomfield AvenueSanta Fe Springs, CA— 16,809 — 24,484 16,809 24,484 41,293 (4)1955 / 20252021
256 Alondra BlvdCarson, CA— 10,377 371 250 10,377 621 10,998 (285)19542021
   Initial Cost
Costs Capitalized Subsequent to Acquisition(1)
Gross Amounts at Which Carried at Close of Period
   
Property AddressLocationEncumbrances LandBuilding and ImprovementsBuilding and Improvements
Land
Building & Improvements
Total
Accumulated Depreciation (2)
Year Build / Year RenovatedYear Acquired
19007 Reyes AvenueRancho Dominguez, CA— 16,673 — 2,329 16,673 2,329 19,002 (312)1969 / 20212021
19431 Santa Fe AvenueRancho Dominguez, CA— 10,066 638 2,817 10,066 3,455 13,521 (438)1963 / 20232021
4621 Guasti RoadOntario, CA— 8,198 5,231 507 8,198 5,738 13,936 (1,181)19882021
12838 Saticoy StreetNorth Hollywood, CA— 25,550 2,185 — 25,550 2,185 27,735 (777)19542021
19951 Mariner AvenueTorrance, CA— 17,009 7,674 (2,373)17,009 5,301 22,310 (825)19862021
2425-2535 East 12th StreetLos Angeles, CA— 48,409 40,756 10,655 48,409 51,411 99,820 (8,528)19882021
29120 Commerce Center DriveValencia, CA— 11,121 15,799 3,671 11,121 19,470 30,591 (3,196)2002 / 20252021
20304 Alameda StreetRancho Dominguez, CA— 11,987 1,663 85 11,987 1,748 13,735 (478)19742021
4181 Ruffin RoadSan Diego, CA— 30,395 3,530 1,498 30,395 5,028 35,423 (1,454)19872021
12017 Greenstone AvenueSanta Fe Springs, CA— 13,408 205 4,422 13,408 4,627 18,035 (357)n/a2021
1901 Via BurtonFullerton, CA— 24,461 — 24,224 24,461 24,224 48,685 (1,348)1960 / 20242021
1555 Cucamonga AvenueOntario, CA— 20,153 2,134 343 20,153 2,477 22,630 (854)19732021
1800 Lomita BlvdWilmington, CA— 89,711 542 360 89,711 902 90,613 (442)n/a2021
8240 Haskell AvenueVan Nuys, CA— 4,822 3,682 — 4,822 3,682 8,504 (529)1962 - 1964 / 20232021
3100 Lomita BlvdTorrance, CA— 124,313 65,282 (115)124,313 65,167 189,480 (16,159)1967 - 19982021
2401-2421 Glassell StreetOrange, CA— 54,554 16,599 (2,825)54,554 13,774 68,328 (2,386)19872021
2390-2444 American WayOrange, CA— 17,214 — 21,734 17,214 21,734 38,948 (1,324)20242021
500 Dupont AvenueOntario, CA— 36,810 26,489 13,776 36,810 40,265 77,075 (2,771)1987 / 20242021
1801 St Andrew PlaceSanta Ana, CA— 75,978 24,522 2,735 75,978 27,257 103,235 (7,225)19872021
5772 Jurupa StreetOntario, CA— 36,590 20,010 55 36,590 20,065 56,655 (3,785)19922021
2500 Victoria StreetLos Angeles, CA— 232,902 — — 232,902 — 232,902 — n/a2021
1010 Belmont StreetOntario, CA— 9,078 5,751 395 9,078 6,146 15,224 (1,050)19872021
21515 Western AvenueTorrance, CA— 19,280 — 24,139 19,280 24,139 43,419 (150)1991 / 20252021
12027 Greenstone AvenueSanta Fe Springs, CA— 8,952 469 726 8,952 1,195 10,147 (207)19752021
6027 Eastern AvenueCommerce, CA— 23,494 — 28,110 23,494 28,110 51,604 (172)1946 / 20252021
340-344 Bonnie CircleCorona, CA— 18,044 9,506 660 18,044 10,166 28,210 (1,783)19942021
   Initial Cost
Costs Capitalized Subsequent to Acquisition(1)
Gross Amounts at Which Carried at Close of Period
   
Property AddressLocationEncumbrances LandBuilding and ImprovementsBuilding and Improvements
Land
Building & Improvements
Total
Accumulated Depreciation (2)
Year Build / Year RenovatedYear Acquired
14100 Vine PlaceCerritos, CA— 40,458 8,660 3,947 40,458 12,607 53,065 (2,271)1979 / 20222021
2280 Ward AvenueSimi Valley, CA— 23,301 24,832 1,193 23,301 26,025 49,326 (4,698)19952021
20481 Crescent Bay DriveLake Forest, CA— 16,164 6,054 16,164 6,057 22,221 (1,145)19962021
334 El Encanto RoadCity of Industry, CA— 9,227 1,272 241 9,227 1,513 10,740 (348)19602021
17031-17037 Green DriveCity of Industry, CA— 10,781 3,302 851 10,781 4,153 14,934 (868)1968 / 20242021
13512 Marlay AvenueFontana, CA— 37,018 15,365 218 37,018 15,583 52,601 (2,941)19602021
14940 Proctor RoadCity of Industry, CA— 28,861 — 25,409 28,861 25,409 54,270 (9)19622021
2800 Casitas AvenueLos Angeles, CA— 33,154 10,833 9,887 33,154 20,720 53,874 (2,303)1999 / 20232021
4240 190th StreetTorrance, CA— 67,982 9,882 212 67,982 10,094 78,076 (2,049)19662021
2391-2393 Bateman AvenueIrwindale, CA— 13,363 9,811 112 13,363 9,923 23,286 (1,562)20052021
1168 Sherborn StreetCorona, CA— 13,747 9,796 13,747 9,803 23,550 (1,555)20042021
3071 Coronado StreetAnaheim, CA— 29,862 — 17,759 29,862 17,759 47,621 (1,383)1973 / 20242021
8911 Aviation BlvdLos Angeles, CA— 27,138 4,780 643 27,138 5,423 32,561 (1,113)19712021
1020 Bixby DriveCity of Industry, CA— 10,067 6,046 3,264 10,067 9,310 19,377 (907)1977 / 20242021
444 Quay AvenueLos Angeles, CA— 10,926 — 9,931 10,926 9,931 20,857 (831)1992 / 20242022
18455 Figueroa StreetLos Angeles, CA— 57,186 7,420 (29,706)31,275 3,625 34,900 — 19782022
24903 Avenue KearnySanta Clarita, CA— 22,468 34,074 325 22,468 34,399 56,867 (5,345)19882022
19475 Gramercy PlaceTorrance, CA— 9,753 1,678 1,733 9,753 3,411 13,164 (555)1982 / 20222022
14005 Live Oak AvenueIrwindale, CA— 20,387 4,324 (10,211)12,432 2,068 14,500 — 19922022
13700-13738 Slover AvenueFontana, CA— 14,457 — 18 13,779 696 14,475 — 19822022
Meggitt Simi ValleySimi Valley, CA— 32,102 26,338 — 32,102 26,338 58,440 (4,195)1984 / 20052022
21415-21605 Plummer StreetChatsworth, CA— 33,119 4,724 1,623 33,119 6,347 39,466 (1,572)19862022
1501-1545 Rio Vista AvenueLos Angeles, CA— 16,138 11,951 874 16,138 12,825 28,963 (2,121)20032022
17011-17027 Central AvenueCarson, CA— 22,235 8,241 — 22,235 8,241 30,476 (1,278)19792022
2843 Benet RoadOceanside, CA— 3,459 11,559 — 3,459 11,559 15,018 (1,662)19872022
14243 Bessemer StreetVan Nuys, CA— 5,229 1,807 — 5,229 1,807 7,036 (292)19872022
2970 East 50th StreetVernon, CA— — 6,082 — — 6,082 6,082 (921)19492022
   Initial Cost
Costs Capitalized Subsequent to Acquisition(1)
Gross Amounts at Which Carried at Close of Period
   
Property AddressLocationEncumbrances LandBuilding and ImprovementsBuilding and Improvements
Land
Building & Improvements
Total
Accumulated Depreciation (2)
Year Build / Year RenovatedYear Acquired
19900 Plummer StreetChatsworth, CA— 13,845 890 16,852 13,845 17,742 31,587 (2)1983 / 20252022
Long Beach Business ParkLong Beach, CA— 21,664 2,960 1,325 21,664 4,285 25,949 (929)1973 - 19762022
13711 Freeway DriveSanta Fe Springs, CA— 34,175 892 (16,717)16,498 1,852 18,350 — 19632022
6245 Providence WayEastvale, CA— 6,075 3,777 145 6,075 3,922 9,997 (648)20182022
7815 Van Nuys BlvdPanorama City, CA— 19,837 6,450 110 19,837 6,560 26,397 (40)19602022
13535 Larwin CircleSanta Fe Springs, CA— 14,580 2,750 101 14,580 2,851 17,431 (533)19872022
1154 Holt BlvdOntario, CA— 7,222 7,009 19 7,222 7,028 14,250 (991)20212022
900-920 Allen AvenueGlendale, CA— 20,499 6,176 250 20,499 6,426 26,925 (1,109)1942 - 19952022
1550-1600 Champagne AvenueOntario, CA— 29,768 19,702 1,102 29,768 20,804 50,572 (3,042)19892022
10131 Banana AvenueFontana, CA— 25,795 1,248 607 25,795 1,855 27,650 (548)n/a2022
2020 Central AvenueCompton, CA— 11,402 676 52 11,402 728 12,130 (240)19722022
14200-14220 Arminta StreetPanorama, CA— 50,184 33,691 30 50,184 33,721 83,905 (4,915)20062022
1172 Holt BlvdOntario, CA— 9,439 8,504 90 9,439 8,594 18,033 (1,249)20212022
1500 Raymond AvenueFullerton, CA— 46,117 — 32,152 46,117 32,152 78,269 — 20252022
2400 Marine AvenueRedondo Beach, CA— 21,686 7,290 526 21,686 7,816 29,502 (1,255)19642022
14434-14527 San Pedro StreetLos Angeles, CA— 50,239 1,985 21,825 50,239 23,810 74,049 (107)1971 / 20252022
20900 Normandie AvenueTorrance, CA— 26,136 13,942 2,290 26,136 16,232 42,368 (2,154)20012022
15771 Red Hill AvenueTustin, CA— 31,853 8,431 897 31,853 9,328 41,181 (2,103)1979 / 20162022
14350 Arminta StreetPanorama City, CA— 5,715 2,880 793 5,715 3,673 9,388 (437)20062022
29125 Avenue PaineValencia, CA— 20,388 24,125 4,901 20,388 29,026 49,414 (3,823)2006 / 20252022
3935-3949 Heritage Oak CourtSimi Valley, CA— 23,693 33,149 6,213 23,693 39,362 63,055 (4,773)1999 / 20252022
620 Anaheim StreetLos Angeles, CA— 15,550 2,230 736 15,550 2,966 18,516 (467)19842022
400 Rosecrans AvenueGardena, CA— 8,642 — 439 8,642 439 9,081 — 19672022
3547-3555 Voyager StreetTorrance, CA— 19,809 924 9,359 19,809 10,283 30,092 (48)19862022
6996-7044 Bandini BlvdCommerce, CA— 39,403 1,574 — 39,403 1,574 40,977 (356)19682022
4325 Etiwanda AvenueJurupa Valley, CA— 31,286 18,730 3,077 31,286 21,807 53,093 (2,696)19982022
Merge-WestEastvale, CA— 251,443 206,055 1,674 251,443 207,729 459,172 (27,943)20222022
6000-6052 & 6027-6029 Bandini BlvdCommerce, CA— 69,162 25,490 754 69,162 26,244 95,406 (3,938)20162022
   Initial Cost
Costs Capitalized Subsequent to Acquisition(1)
Gross Amounts at Which Carried at Close of Period
   
Property AddressLocationEncumbrances LandBuilding and ImprovementsBuilding and Improvements
Land
Building & Improvements
Total
Accumulated Depreciation (2)
Year Build / Year RenovatedYear Acquired
3901 Via Oro AvenueLong Beach, CA— 18,519 953 (9,222)9,360 890 10,250 — 19832022
15650 Don Julian RoadCity of Industry, CA— 9,867 5,818 824 9,867 6,642 16,509 (929)20032022
15700 Don Julian RoadCity of Industry, CA— 10,252 5,996 574 10,252 6,570 16,822 (949)20012022
17000 Gale AvenueCity of Industry, CA— 7,190 4,929 609 7,190 5,538 12,728 (808)20082022
17909 & 17929 Susana RoadCompton, CA— 26,786 — 1,744 26,786 1,744 28,530 (3)1970 - 19732022
2880 Ana StreetRancho Dominguez, CA— 34,987 — 6,720 34,987 6,720 41,707 (385)1970 / 20242022
920 Pacific Coast HighwayWilmington, CA— 80,121 21,516 282 80,121 21,798 101,919 (2,863)19542022
21022 & 21034 Figueroa StreetCarson, CA— 15,551 8,871 1,149 15,551 10,020 25,571 (1,248)20022022
13301 Main StreetLos Angeles, CA— 40,434 11,915 14 40,434 11,929 52,363 (1,578)19892022
20851 Currier RoadCity of Industry, CA— 
(3)
12,549 9,471 2,667 12,549 12,138 24,687 (1,251)1999 / 20232022
3131 Harcourt Street & 18031 Susana RoadCompton, CA— 26,268 1,419 11,886 26,268 13,305 39,573 (143)1970 / 20252022
14400 Figueroa StreetLos Angeles, CA— 43,929 6,011 9,729 43,929 15,740 59,669 (84)19672022
2130-2140 Del Amo BlvdCarson, CA— 35,494 5,246 1,206 35,494 6,452 41,946 (934)19802022
19145 Gramercy PlaceTorrance, CA— 32,965 5,894 — 32,965 5,894 38,859 (1,131)19772022
20455 Reeves AvenueCarson, CA— 40,291 6,050 419 40,291 6,469 46,760 (971)19822022
14874 Jurupa AvenueFontana, CA— 29,738 29,627 23 29,738 29,650 59,388 (3,417)20192022
10660 Mulberry AvenueFontana, CA— 8,744 3,024 469 8,744 3,493 12,237 (476)19902022
755 Trademark CircleCorona, CA— 5,685 4,910 20 5,685 4,930 10,615 (600)20012022
4500 Azusa Canyon RoadIrwindale, CA— 35,173 4,991 738 35,173 5,729 40,902 (923)19502022
7817 Haskell AvenueVan Nuys, CA— 10,565 976 46 10,565 1,022 11,587 (255)19602022
16752 Armstrong AvenueIrvine, CA— 29,662 8,699 60 29,662 8,759 38,421 (2,188)1970/20122023
10545 Production AvenueFontana, CA— 215,378 149,927 99 215,378 150,026 365,404 (17,299)20062023
3520 Challenger StreetTorrance, CA— 11,616 1,859 11,616 1,867 13,483 (669)19902023
9000 Airport BlvdLos Angeles, CA— 139,564 4,976 2,882 139,564 7,858 147,422 (1,306)19812023
9223 Balboa AvenueSan Diego, CA— 50,919 97,621 50,919 97,630 148,549 (10,438)20202023
9323 Balboa AvenueSan Diego, CA— 27,254 — 2,167 27,254 2,167 29,421 (23)1978-19802023
4285 Ponderosa AvenueSan Diego, CA— 16,495 8,207 16,495 8,214 24,709 (981)19692023
   Initial Cost
Costs Capitalized Subsequent to Acquisition(1)
Gross Amounts at Which Carried at Close of Period
   
Property AddressLocationEncumbrances LandBuilding and ImprovementsBuilding and Improvements
Land
Building & Improvements
Total
Accumulated Depreciation (2)
Year Build / Year RenovatedYear Acquired
13925 Benson AvenueChino, CA— 26,442 1,446 1,070 26,442 2,516 28,958 (319)19892023
19301 Santa Fe AvenueRancho Dominguez, CA— 14,899 — 7,124 14,899 7,124 22,023 (1)1954 / 1989, 20252023
2395-2399 Bateman AvenueIrwindale, CA— 28,663 12,964 4,707 28,663 17,671 46,334 (1,838)20222023
27712 & 27756 Avenue MentrySanta Clarita, CA— 20,084 36,540 24 20,084 36,564 56,648 (3,414)19882023
422 Rosecrans AvenueGardena, CA— 3,067 — — 3,067 — 3,067 — 19682023
14650 Hoover StreetWestminster, CA— 13,814 8,721 880 13,814 9,601 23,415 (881)20012023
5630 Cerritos AvenueCypress, CA— 16,635 6,103 16,635 6,107 22,742 (663)19892023
9400-9500 Santa Fe Springs RoadSanta Fe Springs, CA— 132,157 67,189 1,608 132,157 68,797 200,954 (6,667)1980/19902023
2500 Thompson StreetLong Beach, CA— 19,567 5,268 16 19,567 5,284 24,851 (622)19702023
15801 West 1st StreetIrwindale, CA— 142,497 31,453 — 142,497 31,453 173,950 (3,489)1977/19802023
600-708 Vermont AvenueAnaheim, CA— 57,394 — (16,394)39,988 1,012 41,000 — 19602023
11234 Rush StreetSouth El Monte, CA— 12,737 — 18,024 12,737 18,024 30,761 — 19602023
5000 & 5010 Azusa Canyon RdIrwindale, CA— 44,779 34,691 284 44,779 34,975 79,754 (2,790)20222024
9028 Dice RoadSanta Fe Springs, CA— 40,265 7,629 40,265 7,633 47,898 (696)19782024
1217 Saint Gertrude PlaceSanta Ana, CA— 21,996 3,423 21,996 3,427 25,423 (414)19612024
9140 Lurline AvenueChatsworth, CA— 34,508 10,743 34,508 10,747 45,255 (952)19742024
1500 Walnut AvenueFullerton, CA— 28,672 17,014 (192)28,672 16,822 45,494 (1,175)20222024
4141 Palm StreetFullerton, CA— 19,494 2,563 379 19,494 2,942 22,436 (336)19812024
14407 Alondra BlvdLa Mirada, CA— 44,554 27,470 213 44,554 27,683 72,237 (2,041)19762024
7149 Fair AvenueNorth Hollywood, CA— 7,420 2,706 279 7,420 2,985 10,405 (235)19692024
7119 Fair AvenueNorth Hollywood, CA— 3,846 2,350 121 3,846 2,471 6,317 (176)19692024
7118 Fair AvenueNorth Hollywood, CA— 3,779 2,626 16 3,779 2,642 6,421 (198)19692024
7103 Fair AvenueNorth Hollywood, CA— 3,513 1,610 407 3,513 2,017 5,530 (131)19692024
7101 Fair AvenueNorth Hollywood, CA— 6,655 3,319 62 6,655 3,381 10,036 (257)19692024
   Initial Cost
Costs Capitalized Subsequent to Acquisition(1)
Gross Amounts at Which Carried at Close of Period
   
Property AddressLocationEncumbrances LandBuilding and ImprovementsBuilding and Improvements
Land
Building & Improvements
Total
Accumulated Depreciation (2)
Year Build / Year RenovatedYear Acquired
7100 Fair AvenueNorth Hollywood, CA— 3,864 1,488 — 3,864 1,488 5,352 (127)19692024
11166 Gault StreetNorth Hollywood, CA— 3,967 1,845 689 3,967 2,534 6,501 (165)19702024
11150 Gault WayNorth Hollywood, CA— 3,807 2,212 1,006 3,807 3,218 7,025 (175)19702024
11128 Gault StreetNorth Hollywood, CA— 6,657 2,754 14 6,657 2,768 9,425 (232)19702024
7100 Case AvenueNorth Hollywood, CA— 6,753 4,030 98 6,753 4,128 10,881 (308)19702024
7121 Case AvenueNorth Hollywood, CA— 3,768 2,171 32 3,768 2,203 5,971 (166)19692024
11120 Sherman WaySun Valley, CA— 6,100 2,582 6,100 2,586 8,686 (218)19702024
11130 Sherman WaySun Valley, CA— 5,125 1,953 5,125 1,958 7,083 (168)19692024
11156 Sherman WaySun Valley, CA— 5,865 2,216 34 5,865 2,250 8,115 (193)19692024
7101 Case AvenueNorth Hollywood, CA— 4,012 1,334 1,486 4,012 2,820 6,832 (120)19692024
25172 Arctic Ocean DriveLake Forest, CA— 12,744 2,227 217 12,744 2,444 15,188 (236)19982024
20512 Crescent BayLake Forest, CA— 7,140 1,723 204 7,140 1,927 9,067 (175)19982024
20492 Crescent BayLake Forest, CA— 11,561 2,819 1,227 11,561 4,046 15,607 (270)19982024
20472 Crescent BayLake Forest, CA— 7,640 1,929 250 7,640 2,179 9,819 (196)19982024
20532 Crescent BayLake Forest, CA— 5,991 1,102 169 5,991 1,271 7,262 (146)19982024
1212 Howell AvenueAnaheim, CA— 6,503 1,119 120 6,503 1,239 7,742 (112)19922024
1222 Howell AvenueAnaheim, CA— 20,529 4,781 689 20,529 5,470 25,999 (445)19682024
200 Boysenberry LanePlacentia, CA— 52,847 8,160 52,847 8,163 61,010 (775)19852024
10712-10748 Bloomfield AvenueSanta Fe Springs, CA— 16,882 3,754 326 16,882 4,080 20,962 (405)19902024
12932-12958 Midway PlaceCerritos, CA— 35,276 15,012 139 35,276 15,151 50,427 (1,223)19802024
2910 Pacific Commerce Drive EastRancho Dominguez, CA— 40,056 6,333 47 40,056 6,380 46,436 (631)19852024
   Initial Cost
Costs Capitalized Subsequent to Acquisition(1)
Gross Amounts at Which Carried at Close of Period
   
Property AddressLocationEncumbrances LandBuilding and ImprovementsBuilding and Improvements
Land
Building & Improvements
Total
Accumulated Depreciation (2)
Year Build / Year RenovatedYear Acquired
1715 West 132nd StreetGardena, CA— 4,677 727 946 4,677 1,673 6,350 (85)19712024
4115 Schaefer AvenueChino, CA— 5,150 3,200 74 5,150 3,274 8,424 (267)20012024
437 Baldwin Park BlvdLa Puente, CA— 13,507 6,283 11 13,507 6,294 19,801 (500)19772024
433 Baldwin Park BlvdLa Puente, CA— 19,230 8,341 31 19,230 8,372 27,602 (673)19772024
421 Baldwin Park BlvdLa Puente, CA— 8,648 2,758 128 8,648 2,886 11,534 (238)19772024
17705-17709 Valley BlvdCity of Industry, CA— 6,981 3,152 266 6,981 3,418 10,399 (238)19852024
630-634 Hambledon AvenueCity of Industry, CA— 8,254 3,808 283 8,254 4,091 12,345 (302)19852024
620-628 Hambledon AvenueCity of Industry, CA— 8,523 3,830 438 8,523 4,268 12,791 (320)19852024
17755 Valley BlvdCity of Industry, CA— 6,544 3,193 945 6,544 4,138 10,682 (300)19852024
17745-17749 Valley BlvdCity of Industry, CA— 7,820 1,833 828 7,820 2,661 10,481 (265)19852024
14680-14700 Alondra BlvdLa Mirada, CA— 25,484 8,160 14 25,484 8,174 33,658 (666)19772024
14720-14750 Alondra BlvdLa Mirada, CA— 26,285 10,224 18 26,285 10,242 36,527 (810)19772024
14730-14750 Northam StreetLa Mirada, CA— 17,860 6,754 20 17,860 6,774 24,634 (545)19772024
14725 Northam StreetLa Mirada, CA— 20,039 8,182 161 20,039 8,343 28,382 (647)19782024
14647-14667 Northam StreetLa Mirada, CA— 35,429 19,776 2,455 35,429 22,231 57,660 (1,412)19782024
14710 Northam StreetLa Mirada, CA— 11,706 2,822 11,706 2,823 14,529 (224)19792024
4422 Airport DriveOntario, CA— 14,507 9,868 628 14,507 10,496 25,003 (763)19782024
1901 Rosslynn AvenueFullerton, CA— 57,830 30,705 57,830 30,713 88,543 (2,225)19892024
16203-16233 Arrow HighwayIrwindale, CA— 20,253 24,912 (52)20,253 24,860 45,113 (3,425)20222024
950 West 190th StreetLos Angeles, CA— 41,757 — 1,339 41,757 1,339 43,096 (9)19802024
12900 Alondra BlvdCerritos, CA— 14,581 4,414 11 14,581 4,425 19,006 (282)19772024
13201 Dahlia StreetFontana, CA— 39,792 28,135 1,516 39,792 29,651 69,443 (1,556)19892024
2501 Rosecrans AvenueCompton, CA— 79,265 50,632 1,373 79,265 52,005 131,270 (2,163)19872024
Investments in real estate $43,649  $7,772,975 $3,879,275 $1,364,391 $7,689,921 $5,326,720 $13,016,641 $(1,165,792)  
Note: As of December 31, 2025, the aggregate cost for federal income tax purposes of our investments in real estate was approximately $12.4 billion.
(1)“Costs capitalized subsequent to acquisition” reflects capital expenditures, development costs, impairment write-downs, and write-offs of fully depreciated assets.
(2)The depreciable life for buildings and improvements typically ranges from 10-30 years for buildings, 5-25 years for site improvements, and the shorter of the estimated useful life or respective lease term for tenant improvements.
(3)As of December 31, 2025, these six properties secure the $60 Million Term Loan.
(4)Safari Business Park consists of 16 buildings with the following addresses: 1845, 1885, 1901-1957 and 2037-2077 Vineyard Avenue; 1906-1946 and 2048-2058 Cedar Street; 1900-1956, 1901-1907, 1911-1951, 2010-2020 and 2030-2071 Lynx Place; 1810, 1840-1898, 1910-1960 and 2030-2050 Carlos Avenue; 2010-2057 and 2060-2084 Francis Street.
The following tables reconcile the historical cost of total real estate held for investment and accumulated depreciation from January 1, 2023 to December 31, 2025 (in thousands):
 Year Ended December 31,
Total Real Estate Held for Investment202520242023
Balance, beginning of year$12,956,316 $11,156,394 $9,470,387 
Acquisition of investment in real estate— 1,450,087 1,419,817 
Construction costs and improvements304,927 386,501 293,850 
Disposition of investment in real estate(119,201)(25,975)(11,360)
Impairment of real estate
(89,097)— — 
Impairment-related reduction of investment in real estate cost
(5,389)— — 
Write-off of fully depreciated assets(30,915)(10,691)(16,300)
Balance, end of year$13,016,641 $12,956,316 $11,156,394 

Year Ended December 31,
Accumulated Depreciation202520242023
Balance, beginning of year$(977,133)$(782,461)$(614,332)
Depreciation of investment in real estate(243,095)(208,372)(187,722)
Disposition of investment in real estate18,132 3,009 3,293 
Impairment-related adjustment to accumulated depreciation
5,389 — — 
Write-off of fully depreciated assets30,915 10,691 16,300 
Balance, end of year$(1,165,792)$(977,133)$(782,461)