Total Safety U.S. Inc Signs Seven-Year Lease For 52600 SF Industrial Facility In Harbor City

A seven-year lease has been signed by Total Safety U.S. Inc. for an industrial facility located at 1405-1407 West 240th Street in Harbor City. The property encompasses 52,600 square feet and is highlighted by features such as office space, dock-high doors, and a fenced private yard. The lease is valued at $5.5 million and pertains to a facility built in 1999.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $5.5M
• Address: 1405-1407 West 240th Street
• Market: Harbor City
• Asset Size: 52,600 SF
• Landlord: Gregory Spencer - Alere Property Group LLC
• Tenant: Brad Clark - Total Safety U.S. Inc
• Landlord's Representative: Courtney Bell & Matthew Stringfellow - The Klabin Company
• Tenant's Representative: Brian Held & Ron Wade - CBRE
• Lease Term: 7 years

The transaction involved key representatives from both the landlord and tenant’s companies. Gregory Spencer from Alere Property Group LLC represents the landlord, while Brad Clark from Total Safety U.S. Inc represents the tenant. The leasing transaction was brokered by The Klabin Company, represented by Courtney Bell and Matthew Stringfellow for the landlord, and CBRE, represented by Brian Held and Ron Wade for the tenant.