"The Lantis property represents a terrific opportunity for a company looking to expand," says Moe Bordwin, chairman of Keen Realty. "It's a state-of-the-art facility with excellent access to all major distribution points in the metropolitan area."
The process of shedding the space began earlier this year when Lantis Eyewear unraveled financially and its assets were bought by Lantis Acquisition, an affiliate of HIG Capital, a Miami, FL-based private equity firm with more than $1 billion in equity capital. To facilitate the sale, Lantis went Chapter 11 last June and continued to operate as a debtor in possession.
HIG subsequently combined Lantis' operations with Personal Optics, a Southern California-based marketer and distribution of eyewear. That move marked Lantis' building here as surplus space.
The facility itself includes about 291,000 sf of W/D space, with the remaining space improved with some 48,000 sf of executive offices, according to Bordwin. The office component includes a cafeteria, two conference rooms, a raised-floor computer room and a gym.
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