In the largest of the two deals, fast-growing transportation and logistics firm Griley Freightlines signed a 10-year lease for 103,185 sf of space at Watson Industrial Center South. The pact is valued at $6 million.
The 350-acre, master-planned industrial park is bounded by Wilmington Avenue, Sepulveda and Avalon boulevards and 223rd Street. It is owned by privately held Watson Land Co., the county's largest developer of industrial space.
Griley Freightlines will use the building as its new headquarters. Don Smith of Lee & Associates represented Griley in the transaction, while Watson was represented in-house by Kirk Johnson and Lance Ryan.
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