RANCHO DOMINGUEZ, CA—Jones Lang LaSalle represented Sims Recycling Solutions in a lease renewal for 103,170 square feet of industrial space at 20212 South Rancho Way in Rancho Dominguez, Calif. Sims Recycling Solutions will continue to occupy the space for its regional office.
Jones Lang LaSalle Los Angeles team members Mike Condon, Zac Sakowski and Barry Hill represented Sims Recycling Solutions. The landlord, The Carson Companies, represented itself.
“The South Bay industrial market continues to see high demand from consumer goods and logistics companies,” said Condon. “Absorption in the market is being driven by warehouse/distribution companies and despite the recent strike at the ports of Los Angeles and Long Beach, we expect positive 4th quarter net absorption and momentum going into the 1Stquarter of 2013.”
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