WareSpace announced the acquisition of an 82,193-square-foot industrial property in Santa Fe Springs, California, for $15.8 million, expanding the company’s footprint in the Greater Los Angeles market and marking its 25th location nationwide.
The acquisition represents the company’s second Southern California transaction, following its Orange County expansion in December 2025, and its recent entry into the Seattle market in April 2026. According to the company, the transaction also marks its first investment in the highly supply-constrained Mid Counties industrial submarket of Los Angeles County.
WareSpace said the acquired property at 13711 Freeway Drive was previously vacant after an institutional owner had targeted the site for redevelopment. The company plans to reposition the 1965-era industrial building into a flexible co-warehousing campus serving more than 100 small businesses.
The redevelopment project will include warehouse units ranging from 250 to 2,000 square feet designed for logistics operators, e-commerce sellers, residential service providers, trades businesses, and other growing companies seeking small-bay industrial space in Southern California.
The property is located along Interstate 5 near the intersections of CA-91 and I-605, providing access to Los Angeles, Orange County, and the San Gabriel Valley. The company said the Mid Counties region remains one of the most demand-intensive industrial markets in the United States, supported by logistics, healthcare, and advanced manufacturing industries while continuing to face limited small-bay inventory supply.
WareSpace focuses on redeveloping older industrial properties into flexible co-warehousing and micro-bay facilities for small businesses. The company said it expects additional acquisitions in 2026 as institutional interest in the co-warehousing and micro-bay industrial sector continues increasing.
KEY QUOTES:
“Southern California is one of the most underserved regions for small businesses that need modern warehouse space. 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.”
Joseph Ely, Co-Founder And COO, WareSpace
“Small businesses fuel the local economy, yet they’ve been priced out of the areas they helped build. 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.”
Levi Cohen, Co-Founder And CEO, WareSpace

