X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

LOS ANGELES-Two air-freight companies have signed separate leases here for a combined 83,000 sf.

The first deal, valued at about $2.2 million, will provide Fritz of San Francisco with 62,538 sf of warehouse and industrial space at 19901 S. Hamilton Ave. The lease term is five years.

Fritz will move into the building in January. Bret Quinlan of Cushman & Wakefield represented the tenant in the transaction, while landlord Investment Development Services Inc. was represented by John Schumacher of CB Richard Ellis.

In second deal, freight-delivery firm L.J. Express signed a lease with International Airport Centers to occupy a 20,263-sf building at 5353 W. Imperial Hwy. The 62-month pact is valued at about $1.3 million.

Cushman & Wakefield broker Quinlan represented L.J. Express. The landlord was represented in-house by Michael Daniels.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 3 free articles* across the ALM subscription network every 30 days
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

GlobeSt. NET LEASE Awards 2020Event

These awards honor the industry's most influential and knowledgeable real estate executives from the net lease sector.

Get More Information
 

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.