RANCHO DOMINGUEZ, CALIF. — DAUM Commercial Real Estate Services has arranged the 10-year lease of a newly renovated industrial property located at 18554 S. Susana Road in Rancho Dominguez, a South Los Angeles County submarket. Industrial Property Trust leased the 104,339-square-foot space to Apex International, a global supply chain solutions provider.
Apex will relocate and expand its operations from a nearby 34,500-square-foot facility. The new property features a truck court, dock-high doors, a 10,000-square-foot office space, warehouse clearance up to 26 feet, a secure fenced yard and a calculated sprinkler system.
Total consideration of the lease is approximately $10.5 million.
Michael Collins and Jordan Lara of DAUM Commercial represented the lessor, which is a REIT operated by Denver-based Black Creek Group, while Frank Shen of Realty Advisors represented Apex in the transaction.