Premier Business Centers




The Small Space Marketplace

List Your Space

Find Space

Home About Us Executive Subscriber Membership RENTV Conferences Newsletter Contact Us Advertise
March 22, 2019
 Search RENTV
   Go!
 Video Programs
 News
News Home Page
Southern California
Northern California
Pacific Northwest
Texas/Southwest
Retail
Multifamily
Financing
Prop. Management
Archives
Press Releases
 R. E. Marketplace
Service Providers
JobWorks
Property Spotlight
 RENTV  Conferences
Subscriber Login:
  
Email      
    Go!
Password      
Forgot Password?



SOUTHERN CALIFORNIA NEWS
Printer-friendly Version   Email an Associate
Logistics Firm Inks Deal for Almost 170k sf in the City of Industry

3/12/19

Soho Logistics signed an $11.2 mil lease for 168.9k sf of space at Nelson Business Park in City of Industry. The tenant is a local, diverse distribution logistics company with accounts that range from apparel to foods.

Located at 14736 Nelson Ave, the industrial space is part of Nelson Business Park in City of Industry. The property features a high ceiling clearance of 32’, fully fenced and secured yard, ESFR sprinkler system and ample dock positions. The building sits roughly two miles from three major California freeways—the 10, 60, and 605.

CBRE’s Cannon Chang, Jason Chao, Case Dahlen and Lynn Knox represented Soho Logistics in the deal.

The Greater Los Angeles industrial market began 2018 with impressive occupancy gains, according to a CBRE research report. Proximity to the numerous airports and ports continues to draw e-commerce, distributors, and cargo-centered sea-and-air users to the region. Strong market fundamentals and limited supply kept the market favoring landlords and rents rising. It is expected that occupancy gains will be steady throughout 2019 and approximately 1.7 msf of positive net absorption is anticipated next year, driven by port activity and online shopping.




Return to the previous page


 


 


 


 
 





Home | About Us | Newsletter | Contact Us | Executive Subscriber Membership | Executive Subscriber Home | Advertise
Southern California | Northern California | Pacific Northwest | Southwest | Retail | Multifamily | Financing | Property Management
Archives | Press Releases | Service Providers | JobWorks | Property Listings

Copyright © 2019 by RENTV, All Rights Reserved
Website designed by Regency Web Services, Inc. and powered by Lightning Media