Search
 

Watson Land Co. Gains 300,000 of Industrial Tenants

CARSON, CA-The locally based company signs three lease deals—two at Watson Industrial Center and one at Dominguez Technology Center—with a combined value in excess of $14 million.

By Brian K. Miller | Updated on June 23, 2008

CARSON, CA- Watson Land Company has leased 300,000 sf of industrial space at two of its developments here, Watson Industrial Center and Dominguez Technology Center. The combined value of the three transactions is approximately $14 million.

In the largest of the three deals, Laufen International has signed a 65-month lease for an additional 119,077 sf at Dominguez Tech Center. The firm, a division of tile manufacturer Roca Tile Group, will use the additional space to expand its operations. Laufen now leases 268,000 sf at the center.

The expansion lease is valued at $6.4 million, which averages out to $0.827 per sf per month. Lance Ryan and Mike Bodlovich represented Watson Land Co. in the transaction. Barry Hill of CB Richard Ellis, who represented Laufen International, was not immediately available Monday morning for comment.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 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.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.