Puratos Corp Leases Industrial Warehouse In Gardena For 15 Years

The newly leased warehouse located at 15601 South Avalon Boulevard in Gardena, California, has been acquired by bakery company Puratos Corp. The lease terms are set for 15 years at an asking rent of $17.85 per square foot. The property offers a total space of 86,879 square feet, providing ample room for Puratos Corp's operations. This modern facility not only brings the company closer to their customer base but also provides convenient access to major freeways and transportation hubs in the area.

Summary of transaction details

• Property Type: Industrial
• Transaction Amount: Leased
• Market: Gardena
• Address: 15601 South Avalon Boulevard
• Tenant: Puratos Corp
• Landlord: Rexford Industrial Realty Inc
• Asking Rent: $17.85/ft.
• Square Footage: 86,879
• Lease Terms: 15 Years
• Broker: Edward Michino - NAI Capital Commercial

Assisting Puratos Corp in securing this lease deal is Edward Michino from NAI Capital Commercial. With his expertise in the industry, Michino has successfully facilitated the transaction between the tenant, Puratos Corp, and the landlord, Rexford Industrial Realty Inc. This collaboration ensures that Puratos Corp can expand its operations in a well-suited location while maintaining a strong connection with its existing properties in Rancho Dominguez.

Note: The move to this newly leased warehouse in Gardena allows Puratos Corp to optimize its logistical capabilities, benefiting from its proximity to transportation hubs and major freeways. This strategic decision positions the bakery company for continued growth and enhanced customer satisfaction.