(Read more on the industrial market.)

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SANTA FE SPRINGS, CA-Solaris Paper has signed a $16.56 millionlease for the final building at Golden Springs Business Centerhere, and First Industrial Realty Trust has started construction ofits 141,000-sf Gateway Logistics Center in Rancho Dominguez,according to brokers involved in the projects. The new Solarisspace is a manufacturing and distribution facility totaling 200,068sf at 13415 Carmenita Rd. that is under construction and slated forcompletion within the next month.

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Senior vice president Clyde Stauff of Colliers International,who represented landlord Golden Springs Development in the Solarislease, says that Solaris wanted its distribution and manufacturingfacility to be close to its headquarters, which is in Cerritos. Thecompany manufactures and distributes towels, tissues, napkins andother paper products.

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Golden Springs Business Center is a 5.3-million-sf industrialpark of 23 buildings ranging from 18,702 sf to more than 817,364 sfthat was developed by Golden Springs Development, which alsooperates the business center. Stauff and Stephen C. Calhoun ofColliers International are the listing agents for the center, whichis at Imperial Highway and Carmenita Road.

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Other tenants at the project include Home Depot, KruppsInternational, Southern Wine & Spirits, and St. GeorgeDistribution. Solaris was represented by Ian Britton of CB RichardEllis.

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At the new First Industrial development in Rancho Dominguez, theChicago-based REIT expects to complete its Gateway Logistics Centerin the fourth quarter, with the Goodglick Co. as the listing agentfor the project. The location of the new project along the AlamedaCorridor near Santa Fe Avenue and Victoria Street will provideconvenient access to the ports of Los Angeles and Long Beach, notesBob McIntyre, a senior broker with the Goodglick Co. and theproperty's exclusive agent.

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The new First industrial project will be class A space, withparking for 191 cars and trailer storage, close to the 405, 110,710 and 91 freeways. First Industrial bought the development sitein April 2006 and razed a 125,000-sf outdated facility to make wayfor the logistics center. First Industrial was represented by theGoodglick Co. in the 2006b acquisition.

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