LA MIRADA, CA-Specialty chemical products distributor E.T. Horn has signed a 15-year, 125,000-square-foot lease at 16050 Canary Ave. that is the largest industrial lease in the Mid-Cities market this year, according to NAI Capital. Senior vice president Doug Wubbena in NAI's Newport Beach, CA office, who represented E.T. Horn in its lease, says that the lease represents an expansion of Horn's industrial space as well as a 15,000-square-foot expansion of office area for the E.T. Horn headquarters.
E.T. Horn company president Jeff Martin says that the new property will benefit its customers by affording the company "even greater flexibility in regional service to customers." E.T. Horn intends to occupy and manage key operations within its expanded industrial campus after it completes a major tenant improvement build-out during the first quarter of 2011.
Horn's lease is with building owner Mirada Enterprises. The listing agent for the property is Rick McGeagh of the Torrance office of CB Richard Ellis.
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