LBA Realty Acquisition of 2100 Port Road Intermodal Facility

United States

Deal value: $68,000,000

LBA Realty acquired the 2100 Port Road Intermodal Facility in Long Beach, CA, a 300,000 SF cross-dock property with direct rail and port access, supporting containerized freight and last-mile delivery operations.

The core motivation is to capitalize on the sustained demand for logistics and last-mile delivery infrastructure in Southern California, particularly near major ports. LBA Realty is targeting high-quality, infill industrial assets with direct rail and port access, betting on continued e-commerce growth and supply chain resilience. The timing reflects a belief in the long-term value of well-located logistics properties amid constrained supply and rising tenant demand.