WareSpace Expands Its Los Angeles Presence with New $15.8M Development

WareSpace Expands Los Angeles Presence

In a significant development for small businesses in Southern California, WareSpace has announced the acquisition of an 82,193-square-foot industrial property located in Santa Fe Springs, California, for a sum of $15.8 million. This acquisition is particularly notable as it marks WareSpace's second agreement within the Greater Los Angeles area, following its entry into a bustling industrial market that is often characterized by limited supply.

The newly acquired facility, situated at 13711 Freeway Drive, offers direct access to major freeways, namely Interstate 5 and CA-91. This strategic location not only positions WareSpace as a key player in the region but also serves the bustling business ecosystem of Los Angeles, Orange County, and the San Gabriel Valley. WareSpace aims to transform this estate into a dynamic hub tailored specifically for small businesses, with modern warehouse units ranging from 250 to 2,000 square feet.

According to Joseph Ely, co-founder and COO of WareSpace, "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." This insight underlines the grave need for adaptable spaces that cater not just to logistics operators but also to trades businesses, residential service providers, e-commerce sellers, and a plethora of other growing companies.

Levi Cohen, co-founder and CEO of WareSpace, emphasizes the company's mission: "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 that are essential in moving these markets forward. When local businesses grow, the entire community wins."

Despite the broader fluctuations in industrial market conditions, the demand for flexible small-bay industrial spaces remains ardent. This trend is significantly influenced by growth sectors such as logistics, advanced manufacturing, and healthcare—each considered a driving force behind the rising demand for small-bay operations. Although availability of such properties remains constrained, this acquisition aligns with WareSpace's commitment to scaling its operations, bringing the total number of its locations nationwide to 25.

Notably, the Santa Fe Springs property was originally sought out by a previous institutional owner for redevelopment but remained vacant, representing an opportunity for WareSpace to breathe new life into it. The company plans to work meticulously on reconfiguring the space, aiming to foster a versatile environment tailored to meet the diverse needs of its business tenants.

As WareSpace continues to scale throughout major U.S. logistics hubs, institutional confidence in the co-warehousing and micro-bay sector is on the rise. The company anticipates additional acquisitions throughout 2026, indicating that the push for supportive infrastructure for small businesses shows no signs of slowing down.

In conclusion, WareSpace stands out not just as a real estate operator but as a champion for local entrepreneurship. With their commitment to providing modern, flexible working spaces, they are helping create the conditions for start-ups and small businesses to flourish, thereby contributing to the economic vitality of the region.

For more, visit warespace.com.