WareSpace Expands Los Angeles Footprint with $15.8M Santa Fe Springs Industrial Acquisition, Reaching 25 Locations Nationwide

WareSpace has announced the acquisition of an 82,193-square-foot industrial property located in Santa Fe Springs, California, for a total deal value of $15.8 million. This transaction, finalized on May 13, 2026, marks WareSpace's second acquisition in the Greater Los Angeles area and its 25th location nationwide. The property, situated at 13711 Freeway Drive, will be repurposed into a flexible warehouse campus designed to accommodate over 100 small businesses.

The Santa Fe Springs property is strategically positioned at the intersection of Interstate 5, CA-91, and I-605, providing direct access to key markets including Los Angeles, Orange County, and the San Gabriel Valley. This location is particularly significant as the Mid Counties submarket is recognized as one of the most demand-rich industrial areas in the United States. The region benefits from robust growth in logistics, advanced manufacturing, and healthcare, which are driving the demand for small-bay industrial space. Despite a general softening of broader industrial market conditions, the supply of flexible small-bay inventory remains limited, underscoring the strategic timing of WareSpace's acquisition.

WareSpace's decision to enter the Santa Fe Springs market follows its first Southern California deal in Orange County in December 2025, as well as its recent expansion into Seattle in April 2026. The company specializes in transforming dated industrial properties into modern co-warehousing spaces that cater to the needs of small businesses. The redevelopment of the Santa Fe Springs site will include warehouse units ranging from 250 to 2,000 square feet, targeting logistics operators, trades businesses, e-commerce sellers, and other enterprises seeking flexible space solutions.

The acquisition reflects a growing trend among institutional investors recognizing the potential of the co-warehousing and micro-bay sector. As small businesses continue to play a vital role in local economies, WareSpace aims to provide the necessary infrastructure to support their growth. The company’s co-founders have emphasized the importance of creating accessible spaces for entrepreneurs, particularly in regions where small businesses have been historically priced out of the market.

Looking ahead, the broader implications of this acquisition suggest a sustained interest in the small-bay industrial sector, particularly in supply-constrained markets like Southern California. As WareSpace expands its footprint and enhances its portfolio, it is likely to attract further institutional investment in the co-warehousing space. This trend may lead to increased competition and innovation in the sector, ultimately benefiting small businesses and the communities they serve.