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Tire Distributor Signs On for 10 More Years

SIMI VALLEY, CA-Am-Pac Tire Distributors Inc. renews its lease with The Carson Companies for a 58,250-sf warehouse and distribution facility. The lease agreement is valued at $4 million.

By Peter Landau | Updated on April 18, 2002

SIMI VALLEY, CA-Am-Pac Tire Distributors, Inc. has renewed its lease with The Carson Companies for a 58,250-sf warehouse and distribution facility here, which is also Am-Pac’s national headquarters. The 10-year lease renewal is valued at $4 million.

Am-Pac, one of the nation’s largest tire distributors, has occupied the building as a tenant for the past 15 years. The company has grown from $20 million in annual sales to $250 million and needs additional expansion space, according to Richard Smith, CFO, Am-Pac Tire Distribution.

Am Pac Tire has been at the location for the last 15 years and states it wants to remain at its “home” for another 10 years. The company went on to say it is quickly building a strong network of distribution centers and independent dealers from this location.

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