Buyer
Arts District Logistics Group
Seller
Industrial Core Assets
Sale Price
$25.5M
Size
80,000 sq ft
Price / Sq Ft
$319/sq ft
Closed
April 8, 2026
Neighborhood
Arts District
Deal Type
IndustrialThe industrial warehouse facility located at 1500 E 6th Street in the rapidly evolving Arts District has been acquired by Arts District Logistics Group for $25.5 million. This 80,000 square-foot property represents a crucial piece of last-mile logistics infrastructure within one of Los Angeles's most dynamic urban cores, reflecting the growing demand for industrial space in historically non-industrial neighborhoods.
Industrial Core Assets, the seller, had owned the property for over 30 years, adapting it from traditional manufacturing to a more modern distribution and creative industrial use. The sale price underscores the premium placed on well-located industrial assets that can serve the dense urban population of Downtown LA and its surrounding areas. The property's strategic location offers unparalleled access to major freeways and a diverse customer base, making it ideal for e-commerce fulfillment and urban logistics operations.
Arts District Logistics Group plans significant upgrades to the facility, including enhanced loading docks, increased clear heights, and advanced automation systems to optimize its use for modern distribution. This acquisition is part of a broader strategy by the buyer to secure key industrial sites within urban infill locations, anticipating continued growth in online retail and same-day delivery services. The deal further solidifies the Arts District's transformation into a mixed-use hub that also supports critical economic infrastructure.
