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Watson Land Co.'s Ryan

'There's still a great deal of space available, but we will see some firming up of occupancy in the Southern California industrial markets.'a

By Alyson Grala | Updated on March 31, 2010

Lance Ryan is vice president of marketing and leasing for Watson Land Co., a Southern California developer that is among the largest developers of industrial centers in Los Angeles County and in the nation. Over the past 40 years, the Carson, CA-based company has master planned more than 1,000 acres of industrial and commercial property. In addition, it has developed approximately 12 million square feet of industrial, office and technology buildings, which it continues to own and manage. GlobeSt.com caught up with the executive to talk port traffic and the outlook for industrial in the year ahead.

GlobeSt.com: How did Watson get its start in industrial development?

Ryan: Watson Land Co.’s history extends more than 200 years back to the Rancho San Pedro, the first piece of land granted to a private citizen in Southern California. In 1784, King Carlos III of Spain granted the 75,000-acre tract of land to Spanish soldier Juan Jose Dominguez. When Dominguez’ great grandniece, Maria Delores Dominguez, married lawyer James Alexander Watson in 1855, their marriage marked the birth of what is known today as Watson Land Co. The land owned by the company was used for agriculture and oil production until 1963. In response to Southern California’s changing business environment, the company shifted its focus to real estate development with the initial goal of enhancing the value of its holdings through the creation of master-planned centers for industrial buildings. 


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