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California  + Los Angeles  | 

3PL Lease Highlights Continued Demand for LA Industrial

Confirming continued demand for industrial space in the Los Angeles area, third-party logistics firm LAX Freight Delivery, Inc. has signed a lease for an entire 123,138-square-foot industrial building located at 2187 Garfield Ave. in Commerce. The new lease represents a relocation from a smaller facility for LAX Freight Delivery.

JLL’s Jon Reno, SIOR, Mark Vanis, Trevor Gale, SIOR, and Sage Segal represented the landlord, Staley Point Capital, in the transaction. LAX Freight Delivery was represented by Marc DeGennaro of Lee & Associates.

“Despite the current economic climate, we see continued interest for industrial space in key infill markets like Los Angeles with buildings offering unique attributes for the supply chain logistics industry,” said Reno. “LAX Freight Delivery was attracted to this recently renovated property because of its low coverage and cross dock loading configuration.”

Read More News Stories About: JLL, Lee & Associates
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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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