Colliers International Completes Lease of $5 Million Industrial Building in La Mirada, CA

14450 Industrial Circle, La Mirada, CA

SANTA FE SPRINGS, CA -- Colliers International, the third largest global real estate services organization, has completed the $4,998,720 lease of a 194,481-square-foot industrial building located at 14450 Industry Circle in La Mirada, Calif.

Clyde Stauff, senior executive vice president, and Ross Fippinger, associate of Colliers International represented the lessee, Marathon Distribution Services.  Rich McGeagh and Josh Bonwell of CBRE represented the lessor.

Clyde Stauff

Stauff believes the lease of 14450 Industry Circle is a great indication of the recovering health of the industrial market in the greater Mid Counties area.

Built in 1966, the industrial building offers a large yard, 26 dock high loading doors, 24 foot clear height, and is situated on 8.08 acres.

The building will be occupied entirely by Marathon Distribution Services, a third party logistics company, who will use the property for warehousing and distribution for major retailers such as Target, Costco, WalMart, K-Mart, and Nordstrom.

 For a complete copy of the company’s news release, please contact:

Rainee Tiske

Marketing Specialist | PR GLA| Torrance, CA

Dir +1 310 381 2413

Main +1 310 381 1000

Colliers International

3 Park Plaza, Ste. 1200, Irvine, CA 92614

www.colliers.com

www.twitter.com/colliersgla.