Republic Floor Leases 100K-SF LA Warehouse as New HQ
Cushman & Wakefield has represented Republic Floor in a new long-term lease transaction at a 100,000-square-foot warehouse/distribution facility in the Montebello submarket of Los Angeles. The company is consolidating multiple locations in the area and opening its new North American headquarters at 7227 Telegraph Road, offering frontage along Interstate 5.
“For years we looked to acquire a building but properties were selling above asking price by investors paying all cash,” said Republic Floor CEO Rotem Eylor. “We have been fortunate to continue expanding worldwide, including new business acquisitions.”
“This facility was the result of an extensive search within an extremely competitive environment for industrial space. We are excited to represent Republic Floor in securing this desirable location along with other strategic pursuits that are in motion across the nation,” said Cushman & Wakfield’s Executive Director Tim Wallace.
Colliers’ Connor McRae, Scott Heaton and Chris Sheehan represented the landlord, The O’Donnell Group.
Mark comes to ConnectCRE with an extensive background as a business and news reporter in San Francisco radio, as well as 35 years as a traffic reporter on several stations including KGO, KNBR, KCBS and KFRC. As a business reporter, Mark covered the tech world in Silicon Valley where he became familiar with real estate transactions in the hot Bay Area marketplace. He attended San Jose State University with a BA in Radio and TV Broadcasting and currently resides in the Lake Tahoe area where he gets to frequently enjoy all of his favorite activities: Golfing, Fishing, Hiking and Skiing.
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