Hamid Moghadam Of Prologis Leases 283,621 SF Industrial Space To Yassine Amallal In Commerce
7400 East Slauson Avenue
Building Size
283,621 SF
Asset Type
Industrial
Closing
Jul 28, 2026
AI
The asset involved in this transaction is an industrial property located at 7400 East Slauson Avenue in Commerce, CA. It encompasses a total square footage of 283,621 and is a newly completed speculative warehouse developed by Prologis.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not specified
- Landlord: Hamid Moghadam - Prologis
- Tenant: Yassine Amallal - Pixior
- Market: Commerce, CA
- Lease Date: 07/28/2026
- Net absorption recorded: 4 million square feet in Los Angeles
The lease agreement marks one of Los Angeles County’s largest industrial leases of Q2 2026, highlighting the ongoing demand for infill logistics space in the region amidst declining rents and tightening vacancy rates.
Players
Commerce Industrial Market Snapshot
Boundary boundary · Industrial · Lease transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93