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TORRANCE, CA-Storm Properties, part of one of the oldestcontinuously operated companies in Southern California, haslaunched the first phase of its Storm Industrial Park, a 40-acredevelopment that eventually will total 400,000 sf and that targetstenants seeking a wide range of building sizes. Kent Phillips,president of Storm Properties, tells GlobeSt.com that the75-year-old company plans to develop 10 new buildings measuringfrom 13,000 sf to 70,000 sf that will be divisible into a broadvariety of sizes in order to appeal to the widest possible range ofprospective tenants.

The development site, on Storm Parkway near the cross streets ofNormandie and Sepulveda, is an infill location that is part ofextensive land holdings that Storm Properties assembled over manyyears. Phillips tells GlobeSt.com that part of Storm's rationale inproviding a wide range of building sizes is to accommodate growingtenants. "We wanted to have a diversity of spaces so that we couldtake tenants who are starting businesses, keep them within ourdevelopment and move them through our park all the way up to ourlargest buildings as they grow," Phillips explains.