Saturday, September 22, 2012

Colliers International Completes 220,000-SF Industrial Lease with Prologis and American Apparel, Inc. Valued at $6.3 Million in La Mirada, CA



LA MIRADA, CA -- Colliers International, the third largest global real estate services organization, has completed a 60-month lease valued at nearly $6.3 million on behalf of Prologis, with American Apparel, Inc. for 220,000 square feet of warehouse and office space. The industrial property is located at 16400 Trojan Way (top left photo) in La Mirada, Calif. 

Chris Sheehan (middle right photo) and Adam Deierling (lower left photo) of Colliers International represented the property owner, Prologis based out of Cerritos, Calif. The tenant, American Apparel, Inc., an apparel distribution company, represented itself.   The tenant will use the facility to ship, receive, package, and store its apparel products.

American Apparel will use the facility as its primary distribution hub, freeing up valuable space at their manufacturing facilities in Downtown Los Angeles. Move-in occurs this month.

“This property is one of a very few corporate image distribution facilities of the required size that was immediately available in the market,” said Deierling. “The building suited the tenant’s timing and operation perfectly and Prologis performed in the short time frame needed to make this deal happen. This is another indication of the improving fundamentals of infill Los Angeles big box industrial real estate.”

Built in 1986, the 220,000-square-foot building includes 30 dock-high positions, three ground level positions, 26-foot ceiling clearance, 19,000 square feet of corporate offices, abundant parking, and a large fenced yard.

 Contact:

Darcie Giacchetto
Spaulding Thompson & Associates
949.278.6224



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