Thomas Ennis Leases Industrial Space At 219 & 235 West Florence Avenue In Inglewood

The property involved in this transaction is an industrial asset located at 219 & 235 West Florence Avenue in Inglewood. The total square footage of the property is 44,779, with an asking rent of $1.25 per square foot. The lease term established is a 10-Year NNN Lease.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $1.25/ft
• Lease Term: 10-Year
• Asset Address: 219 & 235 West Florence Avenue
• Market: Inglewood
• Landlord: Thomas Ennis
• Landlord's Rep: Elijah Suval & Daniel Hirth - The Hirth Group - Keller Williams Realty
• Tenant's Rep: Mark Berman - M Strategic

Elijah Suval and Daniel Hirth from The Hirth Group have represented the landlord in successfully completing this lease transaction, while Mark Berman from M Strategic represented the tenant. This lease marks a significant achievement in the LAX/Inglewood submarket, being the largest lease consummated in the last 2.5 years, expected to bring added value and opportunities to the local community.