The 10-year renewal will allow Inland Paperboard and Packaging to keep its 121,000 sf of space at 11500 Los Nietos Rd., a few miles east of Downtown LA. The building has been the home of the company's Crocket Container Crop. subsidiary for the past 15 years.

About 30 people work at the plant, says Ted Carpenter, principal of Newport Beach-based brokerage Carpenter & Associates. He represented Inland Paperboard in the negotiations and also the building's owner, privately held Margie's Investments of Whittier.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.