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September 26, 2018
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Logistics Provider Inks Renewal for 200k sf South Bay Facility


Vanguard Logistics Services, a $9.8 mil, 62-month renewal lease for a 201.5k sf ($0.78/sf/mo) facility in Rancho Dominguez. The building is located at located at 2665 E. Del Amo Blvd, west of Alameda St and the 710 Fwy.

Vanguard, a leading neutral freight consolidation service, will continue to occupy the concrete tilt-up building for use as a distribution hub. The company began negotiating the recently signed renewal deal with one year remaining on its current lease.

Frank Schulz, SIOR, with The Klabin Co., along with colleagues David Prior, SIOR, and Todd Taugner, SIOR, represented the property owner, Prologis. Savills Studley represented the tenant.

“In a market with less than one percent vacancy, tenants are looking earlier and earlier to secure their lease renewals. The Del Amo property is unique given its low building coverage, and close proximity to the ports,” Schulz said.

Established in 1978, Vanguard Logistics Services offers forwarders and customers of all sizes the world’s largest owned LCL (Less than Container Load) end-to-end network, scheduling integrity and industry leading information technology applications, according to its web site.

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