(Save the date: RealShare Industrial 2012 comes to TheBanker's Club, Miami, December 5 - 6.)
LOS ANGELES-Lee & Associates has arrangedtwo lease deals at 4811 Airport Plaza in LongBeach, CA, completely leasing up floors 3-5 in the126,270-square-foot building, along with additional ground-floorspace for one of the tenants. Also, the firm has hired three keyindustrial and office brokers toits West Los Angeles offices.
General Services Administration—Federal Bureau ofInvestigation fully leased the 21,264-square-foot5th floor, with an additional 1,000 square feet on theground floor. The 15-year lease term was negotiated for $9.6million. Also, Verizon California Inc., a Verizonoperating company, fully leased the building’s 4th floorconsisting of 21,264 square feet and is exercising its option byadditionally leasing the 3rd floor for a total of 45,528square feet. The six-year lease term for Verizon begins inAugust.
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Carrie Rossenfeld
Carrie Rossenfeld is a reporter for the San Diego and Orange County markets on GlobeSt.com and a contributor to Real Estate Forum. She was a trade-magazine and newsletter editor in New York City before moving to Southern California to become a freelance writer and editor for magazines, books and websites. Rossenfeld has written extensively on topics including commercial real estate, running a medical practice, intellectual-property licensing and giftware. She has edited books about profiting from real estate and has ghostwritten a book about starting a home-based business.
