Columbia Container Lines LAX Inc Leases 156,100 Sq Ft Industrial Facility In Fullerton For $13.6M

An industrial lease transaction has occurred for a facility located at 691-701 Burning Tree Road in Fullerton, encompassing a total area of 156,100 square feet. The lease agreement spans 68 months, with a total transaction amount of $13.6 million.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $13.6 million
• Lease Term: 68-month
• Landlord: Shaul Kuba - CIM Group
• Tenant: Columbia Container Lines LAX Inc
• Landlord's Representative: Ben Seybold & Tom Dorman - CBRE
• Tenant's Representatives: Tyler Rollema & Matthew Stringfellow - The Klabin Company

The deal facilitates Columbia Container Lines LAX Inc's relocation from Gardena to consolidate its operations into a single, modern logistics hub, aligning with the company's expansion and efficiency strategy. The landlord's representation in this transaction was provided by Ben Seybold and Tom Dorman from CBRE, while Tyler Rollema and Matthew Stringfellow from The Klabin Company represented the tenant.