Industrial Parts Depot Signs 61-Month Lease For 83,388 SF Facility In Carson, California

Industrial Parts Depot (IPD) has signed a 61-month lease for an 83,388-square-foot industrial facility located at 1550 Charles Willard Street in Carson, California. The lease, valued at $12.5 million, marks a major expansion and relocation for IPD as it moves from a smaller distribution center in Torrance. The property is situated in the Carson market, known for its industrial properties.

Summary of transaction details

• Property Type: Industrial
• Transaction Amount: $12.5 million
• Address: 1550 Charles Willard Street, Carson, California
• Market: Carson
• Square Footage: 83,388

The landlord for this lease is Carson Companies, a prominent real estate company in the area. Industrial Parts Depot, LLC, represented by Michael Badar, is the tenant. CBRE's John Schumacher and Bret Quinlan served as the landlord's representatives, while Matt Stringfellow and Courtney Bell from The Klabin Company/CORFAC International represented the tenant. This deal demonstrates IPD's commitment to growth and their need for a larger distribution center to meet their expanding business demands.