Colliers International Negotiates 119,336-Square-Feet Industrial Property Lease in La Mirada, Calif.
La Mirada, CA – November 8, 2011 – (RealEstateRama) — Colliers International, the third largest global real estate services organization, has negotiated a 61-month lease for an industrial property located at 16000 Heron Ave., La Mirada, Calif. The transaction is valued at $2,227,400.
Stephen C. Calhoun, SIOR, Senior Executive Vice President, and Matthew M. Erickson, Associate, based in Colliers International’s Commerce office represented the Tenant, Dzinesquare, Inc., a La Mirada, Calif.-based company that designs and distributes auto wheels and accessories. The Landlord, Oro May Broward Investment Co., a real estate investment company, was represented by Mike Tsaparian and Peter Bacci of Lee & Associates.
“Dzinesquare, Inc. has seen significant growth and expansion in the last few years, and this new location is ideal for their continued growth,” said Calhoun.
Built in 1968, this industrial building is set up for warehousing and distribution.
About Colliers International
Colliers International is the third-largest commercial real estate services company in the world with 12,500 professionals operating out of more than 500 offices in 61 countries. A subsidiary of FirstService Corporation (NASDAQ: FSRV; TSX: FSV and FSV.PR.U), it focuses on accelerating success for its clients by seamlessly providing a full range of services to real estate users, owners and investors worldwide, including global corporate solutions, brokerage, property and asset management, hotel investment sales and consulting, valuation, consulting and appraisal services, mortgage banking and research. Commercial Property Executive and Multi-Housing News magazines ranked Colliers International as the top U.S. real estate company and the latest annual survey by the Lipsey Company ranked Colliers International as the second most recognized commercial real estate brand in the world.
Since 1908, Colliers has stood at the forefront of the Los Angeles real estate industry. Today, Colliers operates seven offices throughout Greater Los Angeles, including Downtown Los Angeles, Orange County, Inland Empire, South Bay, San Fernando Valley, Santa Clarita and Commerce. Follow us at www.twitter.com/colliersgla.
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Angela S. Hwang
Regional Marketing Coordinator | Greater Los Angeles
Dir +1 213 532 3258 | Mob +1 310 867 4105
Main +1 213 627 1214 | Fax +1 213 327 3258
angela.hwang (at) colliers (dot) com
Colliers International
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www.colliers.com
