PICO RIVERA, CA—After an extensive search by Colliers International for a port-accessible industrial site, Barrett Distribution Centers has leased a 111,384-square-foot industrial building in Pico Rivera in a transaction valued at more than $3 million. Term of the lease is 63 months.
Built in 2000 and located at 8700 Rex Road, the concrete tilt-up structure, features 28 dock-high loading doors with 30-foot clearances and ESFR fire sprinklers, and is part of a larger industrial park owned by Majestic/AMB Pico Rivera Associates LLC.
Colliers' associate VP Chuck Littell, along with EVP Scott Heaton and senior VP Casey Ricksen, represented Barrett in the transaction. Majestic represented itself.
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David Phillips
David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.
