LOS ANGELES-Locally based UGL Services vice president Gian Starita tells GlobeSt.com that he just represented Arlington Industries in a 51,825-rentable-square-foot industrial lease in a Watson Land Co. owned 195,375-square-foot building. Arlington will be moving from 18300 S. Wilmington in Rancho Dominguez, CA, where it occupied 21,000 rentable square feet, to the property at 1460 Beachey Place.
Arlington Industries will take occupancy in December 2010. What is interesting about the transaction, according to Starita, is that the company more than doubled in size, and its target size was 35,000 square feet to 40,000 square feet.
Watson worked with UGL to structure a transaction where Arlington grew into the excess space, says Starita. Watson also delivered a turn-key office space incorporating UGL’s modifications.
According to Starita, the new building is a “superior industrial property with 32-foot clear height and approximately 3,500 square feet of office space.” The building was constructed in 2005 by Watson as part of a master planned industrial park.
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