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.
- ◦Lease