Updated Aug 25, 2025
Longpoint Leases 5,013 SF Industrial Space To Guardian Health, Inc. In City Of Industry
1215 John Reed Court
$19
$19/SF
Building Size
5,013 SF
Asset Type
Industrial
Closing
Aug 21, 2025
About this deal
AI
The property asset involved in this transaction is an industrial space located at 1215 John Reed Court in the City of Industry. The landlord for this lease is Longpoint, while Guardian Health, Inc. is the tenant. The lease covers a total area of 5,013 square feet and is structured as a Modified Gross Lease with a total asking rent of $19 per square foot. The lease term is set for 40.5 months.
Summary of transation details:
- Property Type: Industrial
- Transaction Amount: $19/ft
- Address: 1215 John Reed Court
- Market: City of Industry
- Landlord: Longpoint
- Tenant: Guardian Health, Inc.
- Tenant's Representative: Jamie H. Kim - The Phronesis Group
- Lease Term: 40.5 months
- Lease Type: Modified Gross Lease
- Square Footage: 5,013
Jamie H. Kim of The Phronesis Group represented Guardian Health, Inc. in this transaction, assisting in their relocation from Diamond Bar to new headquarters in City of Industry. This lease was well-suited to the company's needs, featuring a 1,549 square foot office build-out, higher ceilings, and a dedicated lunchroom, which were key aspects of the deal. With over 21 years of experience in tenant representation, Jamie H. Kim is committed to aligning businesses with real estate solutions that support growth.
Players
City of Industry Industrial Market Snapshot
Boundary boundary · Industrial · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
834894.74%
Cash-on-Cash
-238615.48%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93