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COMMERCE, CALIF. — Valassis Direct Mall Inc., a national marketing services company, has signed a 10-year lease to occupy a 235,000-square-foot distribution/manufacturing facility in Commerce. Located at 5500 Olympia Blvd., the property offers 36,538 square feet of office space and direct access to 5, 710, 60 and 10 freeways. Greg Dyer and Tres Reid of CB Richard Ellis’ Torrance, Calif., office represented the lessee; Jeff Stephens, John Privett and Cameron Merrill of CB Richard Ellis’s Commerce office represented the landlord, East Los Angeles, Calif.-based TELACU Industries, in the transaction.