Tenant plans repositioning after signing SoCal warehouse lease

A-1 Cold Storage recently signed a 10-year lease to occupy a 33,700-square-foot industrial facility in Los Angeles.

The deal, negotiated at $4 million, involves a single building at 5510 West 102nd St. owned by MTP & Associates.

According to a press statement, A-1 Cold Storage plans to transform the warehouse's interior into coolers and use the additional space for distribution and administrative needs. The property's large surface area and close proximity to the Los Angeles International Airport (LAX) attracted A-1 to this facility.

***

What's your opinion? Leave your comments below or send a letter to the editor.

All rights reserved. This content may not be used or reproduced in any manner whatsoever, in part or in whole, without written permission of Inman News. Use of this content without permission is a violation of federal copyright law.