CW Moving & Storage Signs 140,236 Square Foot Lease With Rexford Industrial In La Mirada
14647 Northam Street
Building Size
140,236 SF
Asset Type
Industrial
Closing
Apr 28, 2026
AI
The property involved in the transaction is an industrial asset located at 14647 Northam Street in La Mirada. The total square footage of the asset is 140,236. This lease is significant as it comes at a time when the market is experiencing increasing vacancy rates and declining demand in early 2026.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not disclosed
- Square Footage: 140,236
- Address: 14647 Northam Street
- Market: La Mirada
- Landlord: Laura Clark - Rexford Industrial
- Tenant: CW Moving & Storage
The key individuals involved in this lease transaction include Laura Clark representing Rexford Industrial as the landlord and CW Moving & Storage as the tenant. This lease agreement is notable as it helps to absorb a large vacant block in a softening submarket, potentially offsetting steep absorption losses in La Mirada.
Players
La Mirada 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
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93