LA MIRADA, CA—All Ways Pacific LLC, athird-party logistics company, has signed a lease for a254,718-square-foot industrial facility in LaMirada, CA. Located at 15300 Desman Road in the mid-countiessubmarket, the class-A warehouse facility is only 30 minutes fromthe Long Beach and Los Angeles ports. The terms of the lease wereundisclosed.

“This tenant was a good fit because it is a financially soundthird-party logistics company with a growing presence in the L.A.Basin,” Luke McDaniel, SVP at JLL, tellsGlobeSt.com. McDaniel represented the landlord in the transactionalong with his JLL colleague SVP Cameron Driscoll.Daum Commercial represented the tenant in thetransaction. The previous tenant, a carpet distribution company,vacated the building because it was downsizing.

The mid-counties submarket is attracting industrial usersbecause of its close proximities to the ports. It currently has a4.2% vacancy and second quarter absorption of 2 million squarefeet. Although the property is located in a very active submarket,the property generated less than expected interest. “We received afair amount of interest, but overall activity has been a littleslower than normal for class-A buildings over 200,000 square feet,”adds McDaniels.