Produce Distributor Renews Lease for $26M

SANTA FE SPRINGS, CA- LA Specialty Produce, a leading produce and dairy wholesale distributor, has renewed an expanded lease with Golden Springs Development Co. at 13527 Orden Dr. in Santa Fe Springs that will increase its distribution and warehouse space by 30%, reports GlobeSt.com exclusively. The expansion will increase LA Specialty Produce’s square footage from 188,000 to 270,000.

Colliers International negotiated the lease on behalf of property owner Golden Springs Development Co., who will oversee LA Specialty Produce’s expansion. Once complete, the expansion will give LA Specialty Produce 500,000-square-feet of distribution and warehouse space in Los Angeles, San Francisco, Las Vegas, San Diego and Phoenix.