LONG BEACH, CA-The largest infill industrial lease in L.A. County in more than 25 years has been signed by Mercedes-Benz USA. The long-term deal brokered by CBRE will see the car company take over a million square feet of space.

Mercedes-Benz USA will take over the former Boeing 717 aircraft manufacturing facility at 4501 E. Conant St. The site is immediately across from Long Beach Airport and is part of the 260-acre mixed-use development known as Pacific Pointe at Douglas Park. The development was acquired by landlord SARES-REGIS Group and an unidentified institutional partner in several phases, including the most recent acquisition of 160 acres, completed in October of last year.

The development includes plans for a future 26-acre retail project, a 50-acre office development, and roughly 750,000 square feet of high-end industrial development. CBRE EVP John Schumacher and SVP Brian DeRevererepresented the landlord in the Mercedes-Benz USA transaction. CBRE's Tres Reid and Jeff Babikian represented the tenant.

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