SANTA FE SPRINGS, CA-Tenants and buyers have closed on more than544,000 of industrial deals here and elsewhere in the L.A. Basinthat are valued at an aggregate of more than $26 million. In thelargest of the leases, a maker of a variety of consumer goods, athird-party maker of a variety of consumer goods, Alticor/AccessBusiness Group of Ada, MI, has inked a lease for a155,484-square-foot manufacturing, assembly and distributionfacility at the 5.4 million-square-foot Golden Springs BusinessCenter.

The Alticor building is at 12825 Leffingwell, where the companysigned a seven-year lease valued at more than $7 million, accordingto executive vice president Clyde Stauff of the Irvine office ofColliers International. Stauff represented landlord Golden SpringsDevelopment Co. of Santa Fe Springs along with EVP Stephen Calhounof Colliers' Commerce office. Stauff says that the Golden Springslocation is ideal for the tenant because it is a short distancefrom Alticor's existing Buena Park operation and offers very lowcommon area maintenance charges. The tenant was represented by PaulSablock and Greg Matter of Jones Lang La Salle.

The new Alticor facilility is in the Mid-Counties industrialmarket, also sometimes referred to as the Mid-Cities submarket,which includes a number of cities in Los Angeles and OrangeCounties. The Mid-Counties industrial market performed surprisinglywell in the second quarter, according to the latest Colliers marketreport, which noted that, for the first time in over two and a halfyears, the Mid Counties market posted positive net absorption of171,000 square feet. "This is a surprise turnaround as the regionshed 1.3 million square feet in the previous quarter," the Colliersreport said. Vacancy rates for the Mid Counties industrial marketfell 10 basis points to 6.3% for the quarter, down from 6.4% lastquarter yet up from the 3.1% reported one year ago.