Colliers Brokers Lease Industrial Property In Compton, CA For 158,357 SF

The industrial property involved in the transaction is a 158,357 square foot warehouse and distribution facility located at 19600 South Alameda St in Compton, CA. The property, owned by The Black Equities Group, underwent a significant renovation including new interior and exterior paint and updated carpets on the office floors. Additionally, it offers one to 1.5 acres of excess land for truck parking and container storage.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $6.7M
• Tenant's Rep: Kyle Degener (Colliers International), Lary Carlton (Colliers International)
• Landlord: The Black Equities Group
• Market: Compton

Empire Container Freight Station Inc. signed a five-year lease agreement for the property, securing the space for their operations. The lease agreement was valued at $6.7 million. Colliers International, represented by Senior Vice President Lary Carlton and Associate Vice President Kyle Degener, facilitated the deal on behalf of Empire Container Freight Station. The Hacienda Heights-based shipping company will utilize the warehouse and distribution facility in Rancho Dominquez for their operations.