X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

TORRANCE, CA-Furniture and home furnishings retailer Room & Board has signed a lease for 70,000 square feet of industrial distribution space at Storm Business Park, a development by locally based Storm Properties. Room & Board will use the space, which is in Building 3 at 1390 Storm Parkway, as its primary distribution center in Southern California.

David Simard, president of Storm Properties, notes that Minneapolis-based Room & Board operates a retail location in Santa Ana and has a new store opening in Culver City in October. The Torrance distribution facility is centrally located to serve the 29-year-old home furnishings company’s current and future delivery needs in the Southern California market and is scheduled to be operational mid September.

Bruce Champeau, vice president at Room & Board, points out that the company is enjoying “continued growth and consumer demand,” which has fueled its expansion to the Los Angeles area. “We looked at several buildings in the region, but selected Storm Business Park because it offered us a premium, customer-friendly facility that embodies our brand,” Champeau says. The company is in the process of relocating its existing delivery center from Lake Forest to Torrance, he adds.

The distribution facility features 18 dock-high doors, two ground-level doors, and 4,000 square feet of class A office space. Terms of the lease were not disclosed. Storm Properties was represented by Courtney Bell and Matt Stringfellow of the Klabin Co. Room & Board was represented by Rooney Daschbach and Rusty Smith of Cushman & Wakefield, and Tom Hauschild of the Tegra Group.

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
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

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 © 2021 ALM Media Properties, LLC. All Rights Reserved.