Crown Associates Realty Inc Leases 205400 SF Industrial Space In Rancho Dominguez For $20M

The property asset involved in the transaction is a newly built industrial warehouse located at 10200 Alameda Street in Rancho Dominguez. The facility encompasses 205,400 square feet, including 10,300 square feet of office space, and features 30 dock-high doors and a 1.6-acre yard.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $20M
• Lease Term: 65-month
• Landlord: Crown Associates Realty Inc
• Landlord's Representative: Matt Stringfellow, Tyler Rollema, Courtney Bell & Scott Andersen - The Klabin Company
• Tenant's Representative: Chuck Littell - Colliers

A U.S. 3PL signed the lease for the warehouse, demonstrating the market demand in the area. The involvement of The Klabin Company and Colliers highlights the expertise of the firms facilitating the transaction while servicing the needs of both the landlord and tenant.