Aggregate is moving from 26,000 sf near Wadsworth Boulevard and Hampden Avenue, according to Bob Pipkin and Jeff LaForte of Colliers Bennett & Kahnweiler, brokers on the deal. The Aggregate lease is almost twice the size of the previous largest deal on the West side, they report.
The property owner is a division of locally-based Alliance Commercial that bought the 168,000-sf building last December for $11.2 million.
The lease is for 10 years, Pipkin tells GlobeSt.com. The property owner offered some breaks on the lease before the market rate kicks in, and other inducements, such as furniture.
"I knew the building had been empty for a long time when they removed the earth tones," he quipped.
Aggregate, which is a subsidiary of a British company, will use the new space for such things as handling accounting, truck dispatch and other management services.
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