A.M. Castle & Co. Renews And Expands Lease For Entire 282,000-Square-Foot Property In Paramount

The property at 14001-14003 Orange Ave in Paramount has been leased to A.M. Castle & Co. in an 84-month deal. The property, which spans 282,000 square feet, will be occupied entirely by A.M. Castle & Co. The lease agreement is valued at $46 million.

Summary of transaction details

• Property Type: Industrial
• Transaction Amount: $46 million
• Square Footage: 282,000
• Address: 14001-14003 Orange Avenue, Paramount
• Market: Paramount

The landlord for this lease is Ed Drees, while the tenant, A.M. Castle & Co., is represented by Fisher and Co. Real Estate Services. The Klabin Company /CORFAC International acts as the landlord's representative in this deal.

This lease renewal and expansion allows A.M. Castle & Co. to fulfill their immediate space requirements and strengthens their longstanding relationship with the landlord. The Klabin Company's representation ensures a smooth transaction for the landlord, while Fisher and Co. Real Estate Services effectively negotiates on behalf of A.M. Castle & Co.