INDUSTRY, CA-Nearly 300,000 sf more of industrial space has been snapped up in this LA submarket through two different lease deals valued at a combined $13.6 million.
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.