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CYPRESS, CA-Daiwa Corp. has leased a 61,433-square-foot industrial building at 11137 Warland Dr. in the master planned Warland Cypress Business Park for relocation of its corporate headquarters from Cerritos, according to brokers from the Klabin Co. who represented the building ownership. Daiwa, one of the world’s largest fishing tackle and related product companies, plans to occupy its new headquarters in August and will employ 65 workers at the site.

The building owner, Warland Drive One B LLC, was represented in the seven-year lease by David Prior, Murray Smith and Todd Taugner of the Torrance office of Klabin/CORFAC. Daiwa was represented by Rick Hertel, president of Corporate Real Estate Services of Irvine, in the $2.4 million lease.

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