# J.P. Morgan Buys $177M Warehouse Complex

> J.P. Morgan acquires Santa Fe Springs warehouses for $177 million, setting new LA County industrial sales record.
- Title: J.P. Morgan Buys $177M Warehouse Complex | Shortify
- Summary: J.P. Morgan acquires Santa Fe Springs warehouses for $177 million, setting new LA County industrial sales record. J.P. Morgan Asset Management purchased…
- Keywords: j.p. morgan, prudential financial, santa fe springs, warehouses, la county, industrial real estate, triple net lease, business, local, Morgan, Buys, 177M
- Source: Los Angeles Business Journal — https://labusinessjournal.com/real-estate/j-p-morgan-pays-177-million-for-warehouses
- Author: staff-author
- Published: 2026-10-05T07:29:07+00:00
- Read time: 1 min
- Topics: j.p. morgan, prudential financial, santa fe springs, warehouses, la county, industrial real estate, triple net lease, business, local
## J.P. Morgan Acquires Warehouses
J.P. Morgan Asset Management purchased Prudential Financial's 15614-15620 and 15700 Shoemaker Ave. warehouses for $176.5 million in Los Angeles County.
## Record Industrial Sale
The deal exceeds LA County's previous industrial sales record of $123 million for Link Logistics' distribution center.
## Triple-Net Lease Agreement
Breakthru Beverage Group signed a 10-year triple-net lease for 521,091 square feet across both buildings at $17.16 per square foot.
## Key takeaway

J.P. Morgan Asset Management purchased Prudential Financial's 15614-15620 and 15700 Shoemaker Ave. warehouses for $176.5 million, surpassing previous record of $123 million.