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11/01/17
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Hyland’s Inc has signed a 10-year, $5.2 mil lease for 30.1k sf ($1.44/sf/mo) of new office space in Carson. The company, a division of Standard Homeopathic Co that has developed homeopathic medicines for over a century, will be relocating its corporate offices from a nearby location.
Hyland’s plans to utilize the property, located at 108-110 W. Walnut St within the Centre Pointe Business Park, for administrative and accounting activities. The new high image office and flex building provides immediate access to the 91, 405 and 110 freeways, on-site gym and café facilities, a conference room, and on-site free parking in a ratio of 3.2 per 1000 square feet.
Hyland’s maintains its main facilities at its nearby campus located at 13301 S. Main St. Approximately 90 people will be employed at the new site when they take occupancy in January of 2018.
Matt Stringfellow, SIOR, of The Klabin Company, along with Klabin colleague Tyler Rollema, represented Hyland’s in the transaction. Steve Bohannon of Cushman & Wakefield represented Seacliff Centre Pointe LLC, the property owner.
“There’s very little office product north of the 91 Fwy, and this was one of the few available opportunities for Hyland’s to further consolidate their operations close to their main campus,” Stringfellow said.
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