PLACENTIA, CA-Arlon Graphics has signed along-term lease agreement with privately heldREIT Industrial Income Trustvalued at $12.5 million at a former Knott's BerryFarm jams and jellies manufacturingfacility here. The 11-year lease was signed for 200Boysenberry Lane, a 198,000-square-foot property.
Simultaneously, Arlon—best known for its sign, car-wrapping,corporate-imaging and vehicle- and fleet-decoration products—hasannounced the kickoff of an 18-month expansion project at the newlocation. The project will allow the 55-year-old company toincrease capacity, improve material flow and nearly double the sizeof its operations.
“This was a challenging assignment on so many different levels,”says Stephen Schloemer, SVP at ColliersInternational, who, along with executive managing directorBret Hardy, represented Arlon in the lengthy andcomplicated search. “Issues we had to contend with included thoserelated to the environment; access to surface, air and oceantransportation centers; reliable energy sources; and proximity toits existing workforce, as well as the availability of anadditional qualified workforce.”
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