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5/24/16
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Weiss-Rohlig Logistics, an international logistics specialist, has agreed to a five-year, $2.3 mil lease of a 48k sf ($0.80/sf/mo) industrial building at Storm Business Park in Torrance, bringing the 40-acre development to full occupancy. The property is located at 1355 W. Storm Pkwy, east of Western Ave and north of Sepulveda Blvd.
The warehouse facility is a concrete tilt-up structure featuring dock-high and ground-level loading, 30-feet minimum clear height, ESFR sprinkler system, and 1.2k sf of office space. Weiss-Rohlig has already taken occupancy of the space, which represents the firm’s first Los Angeles area warehouse.
Originally developed by Storm Properties, Storm Business Park is an industrial and corporate office park comprising 500k sf of building space in 12 state-of-the-art structures. A portion of the property is owned by Storm Properties, another by L&B Realty Advisors, while one 57k sf building is owned and occupied by Murad.
Patrick Morgan and Jeff Morgan of Cushman & Wakefield repped Weiss-Rohlig in the deal. The company has been operating in the areas of air and sea freight, project logistics and individual logistics solutions since 1999.
Matt Stringfellow and Courtney Bell with The Klabin Company represented Storm Properties, the landlord, in the lease transaction. Stringfellow and Bell are exclusive marketing agents for the park, which is located one-half mile from the 110 Fwy and 10 minutes from the Ports of Los Angeles and Long Beach.
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