Search
 

Wireless Communications Firm Inks 225,000-SF HQ Lease

IRWINDALE, CA-Superior Communications renews its lease for a building here that houses its headquarters and its distribution facility.

By Bob Howard | Updated on October 05, 2011

IRWINDALE, CA-Superior Communications has renewed its lease for a 225,030-square-foot building at 5027 Irwindale Ave. that houses the company’s headquarters and its distribution facility. Superior, which provides wireless products and services to major carriers, OEMs and retailers through all channels of distribution, is the sales and logistics arm of an Asian-based manufacturing partner.

Superior was represented in the long-term transaction by senior managing director Joshua Gorin and assistant director Marcus Arredondo of tenant advisory firm Studley. The lease is valued at approximately $14 million. “This was an opportunity for Superior Communications to take advantage of the down market and reduce stay-in-place expenses while providing for the company’s long-term business strategy,” Gorin said. “The transaction also includes significant flexibility and concessions to fund facility improvements, internally and externally.”

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.