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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