Colliers International Negotiates a 82,080-Square-Feet Industrial Lease in Santa Fe Springs, Calif.
Santa Fe Springs, CA – May 17, 2011 – (RealEstateRama) — Colliers International, the second largest global real estate services organization, recently negotiated a 45 month 82,080-square-feet industrial lease located at 12991 Leffingwell, Santa Fe Springs, Calif. The transaction is valued at $1.9 million.
The property was built in 2000 and will be used as a distribution center for light assembly and manufacturing by the new tenant.
Clyde Stauff, SIOR, senior executive vice president based in Colliers International’s Irvine, Calif. office and Stephen C. Calhoun, SIOR, senior executive vice president based in Colliers Commerce, Calif. office represented the landlord, Golden Springs Development Company. The tenant, Hydrofarm, Inc., a manufacturer/distributor of hydroponics equipment and grow lights based in Petaluma, Calif. was represented by Steve Sprenger and Randy Lockwood of Grubb & Ellis.
“One of the key elements in Hydrofarm’s decision to lease space in Golden Springs was the high hazard, ESFR sprinkler system and 32’ minimum ceiling clearance which allowed for high pile storage to 30’. The 5.3 million square foot Golden Springs project includes such tenants as Amway, Thyssen Krupp, and HD Supply (a division of Home Depot)” said Stauff.
Contact:
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
865 S Figueroa St., Suite 3500 | Los Angeles, CA 90017 | USA
www.colliers.com
