PRESS RELEASE
A second Southern California acquisition reflects continued demand from small businesses for flexible small-bay industrial space in supply-constrained Los Angeles markets.
LOS ANGELES, CA, May 13, 2026. WareSpace, a major operator of small-bay warehouse space, today announced the acquisition of an 82,193 square-foot industrial property in Santa Fe Springs, California, for $15.8 million. This marks the company’s second deal in the Greater Los Angeles area and its first entry into the highly supply-constrained Mid Counties submarket.
The Santa Fe Springs addition is WareSpace’s 25th location nationwide. It follows the company’s first Southern California deal in Orange County in December 2025 and its entry into the Seattle market in April 2026, as WareSpace continues to scale across major U.S. logistics hubs.
The Mid Counties area is one of the most supply-constrained and demand-rich industrial submarkets in the U.S., supported by key demand drivers including logistics, advanced manufacturing, and healthcare, three of the fastest-growing segments shaping small-bay industrial demand. Even as broader industrial conditions have softened, flexible small-bay inventory remains limited, with minimal new supply under construction.
The 1965-vintage industrial building at 13711 Freeway Drive sits directly along Interstate 5 at the intersection with CA-91 and I-605, offering direct access to Los Angeles, Orange County, and the San Gabriel Valley. Originally targeted by a prior institutional owner for redevelopment, the property remained largely underutilized and sat vacant. WareSpace will now transform the property into a flexible warehouse campus serving more than 100 small businesses.
The redevelopment will include modern warehouse units ranging from 250 to 2,000 square feet, designed for entrepreneurs, logistics operators, trades businesses, residential service companies, e-commerce users, and other growing companies seeking small-bay space in one of Southern California’s most active commercial corridors.
“Southern California is one of the most underserved regions for small businesses that need modern warehouse space,” said Joseph Ely, co-founder and COO of WareSpace. “There’s a lot of entrepreneurial activity across the area, and a strong concentration of people and businesses. This is one of the most population-dense sites we’ve pursued so far, which is why it made sense to us.”
“Small businesses fuel the local economy, yet they’ve been priced out of the areas they helped build,” said Levi Cohen, co-founder and CEO of WareSpace. “Every acquisition we make is about providing the right space and infrastructure for the entrepreneurs and mission-critical businesses who move these markets forward. When local businesses grow, the entire community wins.”
WareSpace said the acquisition also reflects increasing institutional confidence in the co-warehousing and micro-bay sector as it continues to gain traction, with additional transactions expected in 2026 as it continues to scale its national portfolio.
Businesses interested in warehouse space in the Los Angeles area can explore the Los Angeles locations hub or join the waitlist for WareSpace Carson, Los Angeles at 860 Sandhill Ave.
About WareSpace
WareSpace is a national real estate firm specializing in the development of co-warehousing and small-bay industrial spaces between 250 and 2,000 SF. WareSpace creatively adapts and reconfigures dated industrial and challenged properties into thriving hubs that support the surrounding small business community. Operating with a vertically integrated structure, WareSpace ensures a high level of quality by offering all major service lines in-house, including acquisitions, development, construction, finance, operations, marketing, and sales. Learn more at warespace.com.
Media Contact: Kimberly Cure, Kimberly@curecommunications.com
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