In the $9.69 million sale, Adam Dzierzynski of Lee &Associates has closed what he describes as one of the largest dealsin the Eastern San Gabriel Valley this year. Dzierzynski reportsthat Jetro Cash & Carry bought the building, which is at 20405E. Walnut Dr., from an individual investor. The facility, remodeledin 1972, will become a food distribution center for Jetro.

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Dzierzynski, who represented the seller, says that Jetro likedthe property because the deal included extra land and the locationoffers lower property taxes than surrounding areas, plus fewerrestrictions on business operations. The purchase of this DiamondBar location will expand the chain to total more locations inCalifornia and New York.

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The seller sold the building as part of a consolidation of hiscompany's office and warehouse space, Dzierzynski notes. Jetro Cash& Carry was represented by Eric Nelson of ColliersInternational.

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In the City of Commerce transaction, Mike Foley and Dave Hess ofCB Richard Ellis report that Shims Bargains signed a five-yearrenewal for the 267,500-square-foot industrial building, which isat 7026-7030 Slauson Ave. and is known s the Chartwell DistributionBuilding. Shims has occupied the building for almost fouryears.

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Foley and Hess represented property owner AMB Property Corp. inthe transaction, which was co-brokered with Ken Coward of ColliersInternational."The tenant's decision to renew at this locationreinforces the strength of both the Commerce distribution marketand the import/export business," Foley said.

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