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John Sims Of Sylvamo North America Renews 236,069 Square Foot Lease At 15005 Northam Street

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LEASED

California

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Industrial236,069 SF
Leased 04/28/2026
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LEASED

John Sims Of Sylvamo North America Renews 236,069 Square Foot Lease At 15005 Northam Street

15005 Northam Street

See Similar Deals
Industrial236,069 SF
Leased 04/28/2026
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Summary

CALIFORNIA
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:236,069 SF
Transaction Type:Lease

The property involved in this transaction is located at 15005 Northam Street in La Mirada, California. It is classified as an industrial asset with a total square footage of 236,069. The landlord for this property is LBA Logistics.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: N/A
  • Address: 15005 Northam Street
  • Market: La Mirada
  • Landlord: LBA Logistics
  • Tenant: John Sims - Sylvamo North America
  • Lease Renewal: Yes

The deal features John Sims representing Sylvamo North America as the tenant in this lease agreement with LBA Logistics. This renewal secures the tenant's West Coast distribution hub and marks one of the largest Mid-Counties industrial lease agreements recorded in the first quarter of 2026.

Details

LEASED
IMAGE: John Sims DATE: 04/28/2026 ADDRESS: 15005 Northam Street MARKET: La Mirada ASSET TYPE: Industrial ~ SF: 236,069 LANDLORD: LBA Logistics (@LBA_Logistics) TENANT: John Sims - Sylvamo North America (@Sylvamoco) NOTE: Sylvamo renewed its 236,069-square-foot lease at 15005 Northam Street in La Mirada with LBA Logistics, locking in its West Coast distribution hub via the largest Mid-Counties industrial lease in Q1 2026.The renewal provides stability in a weakening market where vacancy rose to 6.1% and demand turned negative, cushioning a submarket under pressure from slowing leasing activity and rising available space.

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Deal Type
Effective Rent (Annual)

$13,531,332.63

Total Lease Value

$135,313,326.26

Net Landlord Cash Flow$13,531,332.63