The property at 9361 Glenoaks Boulevard in Sun Valley, Los Angeles, is a 6.28-acre land parcel designated for industrial outdoor storage. Avison Young secured a five-year lease for this strategic location near major highways and the Burbank Airport, catering to the increasing demand for outdoor storage space in the area.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: Not specified
• Tenant: D & L Studio Transportation, Inc
• Landlord's Rep: John DeGrinis - Newmark; Patrick Barnes & Paul Clark - Avison Young
• Tenant's Rep: Darrin Nickerson - IDS Real Estate Group
• Lease Term: Five-year

The lease negotiation at 9361 Glenoaks Blvd. in Sun Valley was facilitated by John DeGrinis of Newmark, along with Patrick Barnes and Paul Clark of Avison Young representing the private investor ownership. Darrin Nickerson of IDS Real Estate Group acted as the representative for the tenant, D & L Studio Transportation, Inc. The strategic relocation of the tenant from Burbank to this location showcases the importance of proximity to key transportation hubs and routes.