In the largest of the two transactions, apparel-maker Liberty Glove Inc. leased 181,500 sf of space at 433-439 Cheryl Lane. The space is inside Catellus Commerce Center.
The 10-year contract is valued at $8 million. David Lin of Kotai Realty represented the tenant in the negotiations. A Colliers Seeley International team of Tom Taylor and Steve Bellitti represented the development's owner, San Francisco-based real estate giant Catellus Development Corp.
In the other lease deal, Lee Kum Kee (USA) Inc. took 110,929 sf of industrial space at 14841 Don Julian Road. The company is one of the world's largest manufacturers of Oriental sauces and condiments.
The value of the tenant's 10-year contract is $5.6 million. Bellitti and another Colliers Seeley broker, Tom Calhoun, represented Lee Kum Kee in the deal. Ted Carpenter of Carpenter & Associates spoke for landlord Bechler Corp.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- 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
Already have an account? Sign In Now
*May exclude premium content© 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.
