Lee & Associates Transacts Seven-Year, 6,000-SF Lease on Behalf of Porky Products
Distributor will relocate trading and export headquarters to Calabasas
CALABASAS, CA – May 25, 2011 – (RealEstateRama) — Porky Products, Inc. one of the largest independent meat and seafood distributors in the country, has signed a seven year lease for approximately 6,000 square feet of office space at 5230 Las Virgenes Road in Calabasas, CA, according to Robert D. Erickson, a Principal with Lee & Associates-LA North/Ventura, Inc., who represented the tenant in the transaction.“
Total consideration for the lease is over $1 million.
Porky Products will relocate its Los Angeles trading and export headquarters from Sherman Oaks, CA to the new location.
“Porky Products wanted to explore alternatives for its trading and export headquarters, which has been in Sherman Oaks, CA, and we conducted an extensive search before choosing this property,” Erickson said. “There are many options available in the current market, and this one combined a high-quality building with a great location very close to the freeway. The existing build-out was also very compatible with what Porky’s needed.”
Carteret, N.J. based Porky Products employs 300 workers in multiple satellite offices across the country. It distributes over 5,000 items each day to thousands of customers globally.
About Lee & Associates – LA North/Ventura, Inc.
Celebrating more than 30 years of leadership in the commercial real estate industry, Lee & Associates®, is the largest broker-owned commercial real estate provider in the nation with 42 offices in California, Arizona, Georgia, Idaho, Illinois, Indiana, Kansas, Michigan, Missouri, Nevada, New Jersey, South Carolina, Texas and Wisconsin. Lee & Associates-LA North/Ventura, Inc., a member of the Lee & Associates group of companies, provides industrial, office, retail and multifamily/investment brokerage services across the San Fernando Valley, Conejo Valley, Antelope Valley and throughout Ventura County. Lee & Associates’ clients enjoy a comprehensive range of commercial real estate services including: sales and leasing; real estate investment consulting, property acquisition, disposition and 1031 exchange transactions; tenant representation and relocation, land assemblage, site selection, mixed-use and urban in-fill, property and portfolio evaluation and market research. Foun ded in Sherman Oaks in 1994, Lee & Associates-LA North/Ventura now operates four California offices including Calabasas, Ventura County and Antelope Valley. For more information, contact us in the San Fernando Valley at 818.986.9800; in Ventura County at 805.626.1200; or in Antelope Valley at 661.341.3300. Or visit us online at www.lee-associates.com.
