Cary Co. Inks Full-Building Industrial Lease in Jurupa Valley

A 120-month 139,000-square-foot full-building industrial lease was recently signed at 10220 San Sevaine Way in Jurupa Valley, CA on behalf of the landlord, San Diego-Stos Partners. The tenant was The Cary Company.

Later this spring, the company will expand its manufacturing operations to this facility and relocate from its smaller 30,000-square-foot location in Jurupa Valley as part of a strategic expansion.

Avison Young’s Stan Nowak and Cody Lerner represented the landlord. The tenant was represented by John Boyer of NAI Capital.

“Manufacturing assets are extremely complicated to understand current market lease values due to the condition of each property and sourcing comps that support that product type. Our team knew that there were limited available manufacturing plants throughout Southern California. Ultimately, we were able to create an ideal lease that was favorable for both the ownership and tenant,” said Lerner.

The Cary Company, headquartered in Addison, IL, provides a wide range of containers, warehouse supplies, spill control products and filtration solutions. The expansion will add more jobs to the area, says Nowak.

“This deal serves to accomplish the goal of the local municipality to bring more quality jobs to the city of Jurupa Valley,” he said.