marc 2019 maret ate reort - la industrial...

Y O U R I N D U S T R I A L R E A L E S T A T E T E A M S P E C I A L I Z I N G I N S A L E S , L E A S I N G A N D I N V E S T M E N T S

MARKET UPDATE REPORT

The information has been furnished from sources which we deem reliable, but for which we assume no liability. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. Buyers should consult with their independent advisors to determine if the property is suitable for their needs.

LEE & ASSOCIATES® - COMMERCE, INC. | CORP ID 01125429500 Citadel Drive, Suite 140, Commerce, California 90040 P: 323.720.8484 | F: 323.720.8474 | Lee-Associates.com LOCAL EXPERTISE. INTERNATIONAL REACH. WORLD CLASS.

FOR MORE INFORMATION, PLEASE CONTACT

MARCH 2019

PETER D. BACCIExecutive Vice President, Principal

LIC NO 00946253

[email protected] 213.447.4137

JP GORMLYSenior Associate LIC NO 01921853


ADAM VILANSenior AssociateLIC NO 01903742


LA INDUSTRIAL GROUP’S NEW LISTINGS FOR LEASE/SALE

4701 S SANTA FE AVEVERNON

5175 S SOTO STVERNON

630 S FLOWER STBURBANK

7901-7909 CROSSWAY DRPICO RIVERA

Sale or Leasefor

Subleasefor

Leasefor

Leasefor

Excellent Produce & Processing Facility

Central Vernon Location;Perfect for Garment/Sewing/Manufacturing Large

Creative Office 2nd Floor Space, Large Open Office Layout, Perfect for Cutting, Sewing or Design

Prime Burbank Location with Easy Freeway Access; Clear Span Warehouse; Fenced Yard/Parking

Excellent Access to Produce Mart & Orange County; Large Fenced Yard, Break & Locker Rooms

224,640 SFSALE: $30,000,000 | LEASE: $125,000 NNN

13,500 SFCall for Details

9,600 SFLEASE: $14,400/Mo NNN ($1.50 PSF/Mo)

37,974 SFLEASE: $53,163.60/Mo NNN ($1.40 PSF/Mo)

1910 E 15TH STLOS ANGELES

16170-16180 ORNELAS STIRWINDALE

2200 S MAIN STLOS ANGELES

2749 TANAGER AVECOMMERCE

Leasefor

ORNELAS ST

IRWINDALE AVELeasefor

Leasefor

TAN

AGER

AVE

VAIL

AVE

CONDOR AVE

Leasefor

Beautiful Dock High and Ground Level Loading; Building Across the Street from Guess Facility

Fenced Yard with Motorized Gate; 120’ Truck Court with Storage Areas; 24’-26’ Clear Height

Prime Downtown LA Location; Great for Manufacturing & Warehousing Users

Investment Opportunity; Outstanding Manufacturing or Distribution Facility; Well Distributed Power

27,066 SFLEASE: $26,524/Mo GRS ($0.98 PSF/Mo)



43,584 SFLEASE: TBD

1100 W OLYMPIC BLVDMONTEBELLO

6446 TELEGRAPH RDCOMMERCE

2707, 2711, 2761 FRUITLAND AVEVERNON

2651 E 45TH STVERNON

S G

REE

NW

OO

D A

VE

S TA

YLO

R A

VE

S 10

TH S

T

OLYMPIC BLVD

Salefor

Leasefor

FRUITLAND AVE

SOTO ST

SEVILLE AVE

DOWNTOWN LOS ANGELES

4.5 MILES ARTS DISTRICT

4.5 MILES

268,049 SF

Sale or Leasefor

Subleasefor

Unique USDA Facility, Main Street Exposure, Food Processing, Large Fenced Yard

5 Freeway Visibility; Excellent Retail LocationBuilding is 100% HVAC

Former BCBG Headquarters, Elegant Creative Industrial Office Complex, Excellent Warehouse

10 Dock High Loading Doors, 1 Ground Level Loading Door, 86 Parking Spaces

4,973 SFSALE: $1,118,925 | LEASE: $7,460 NNN

30,000 SFLEASE: TBD

268,049 SFSALE: $42,195,810 | LEASE: $160,829 Net

82,559 SFSUBLEASE: $73,478/Mo. NNN ($0.89 PSF/Mo)

1724 AEROS WY (GAGE RD)MONTEBELLO

2965 E VERNON AVEVERNON

6560 BANDINI BLVDCOMMERCE

1834 GAGE RDMONTEBELLO

GAG

E RD

TELEGRAPH RD

SLAUSON AVE

GRE

ENW

OO

D A

VE

CHAP

IN R

D

S BL

UFF

RD

UNION ST

5

LEASED

SOTO ST

JEWEL AVE

E VER

NON AVE

E 37TH ST

Leasefor

BANDINI BLVD

CANNING ST

MA

LT A

VE

SUBJECTSublease

for

GAGE RD

UNION S

T

TELEGRAPH RD

CHAPIN RD

E SLAUSON AVE

5

Leasefor

Zoned for Cannabis Cultivation, Multiple CCTV Cameras, Card Key Access to Office(s)

Central Vernon Location at Soto St;Ideal Distribution or Manufacturing Uses

Excellent Dead Storage Space; Offices Available; Racking Included; Secure Facility

Zoned for Cannabis Cultivation; Divisible to Smaller Units


35,200LEASE: $30,624/Mo NNN ($0.87 PSF/Mo)

20,000 SFSUBLEASE: $17,000/Mo GRS ($0.85 PSF/Mo)

±24,740 SFLEASE: TBD



LEE & ASSOCIATES® - COMMERCE, INC. | CORP ID 01125429500 Citadel Drive, Suite 140, Commerce, California 90040 P: 323.720.8484 | F: 323.720.8474 | Lee-Associates.com LOCAL EXPERTISE. INTERNATIONAL REACH. WORLD CLASS.

MARCH 2019MARKET UPDATE REPORT

PETER D. BACCIExecutive Vice President, Principal | LIC NO 00946253

[email protected]

JP GORMLYSenior Associate | LIC NO 01921853

[email protected]

ADAM VILANSenior Associate | LIC NO 01903742

[email protected]

323.767.2022 323.767.2036 323.767.2047213.447.4137 949.533.5016 310.292.1499

Please contact us for additional information or for a free Broker Opinion of Value, property inspection, market statistics or referrals to general contractors, real estate attorneys, etc.

T O T A L S A L E A C T I V I T Y

SQ

UA

RE

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Sale Activity -Quarterly

Mar 04,2019

Prepared By:

Prepared For:

Sam Conley

Description:

Q4.2017 Q1.2018 Q2.2018 Q3.2018 Q4.2018 Q1.2019By Size Range (sq-ft) SF # of Sale SF # of Sale SF # of Sale SF # of Sale SF # of Sale SF # of Sale10,000 to 24,999 SF 305,079 18 273,404 17 315,729 19 223,860 14 119,225 9 58,536 325,000 to 49,999 SF 313,617 10 372,888 10 273,665 8 384,241 11 166,694 5 76,500 250,000 to 99,999 SF 875,395 11 459,404 7 246,033 4 483,952 7 431,939 6 - -100,000 & Greater+ 982,677 7 961,817 3 1,234,600 3 994,637 5 2,602,440 3 896,528 3Total Sale Activity 2,476,768 46 2,067,513 37 2,070,027 34 2,086,690 37 3,320,298 23 1,031,564 8

Average Sale Rate Price/SF Price/SF Price/SF Price/SF Price/SF Price/SF10,000 to 24,999 SF 213.39 191.76 239.71 236.16 223.61 233.81

25,000 to 49,999 SF 132.37 91.97 161.9 192.24 192.74 279.07

50,000 to 99,999 SF 110.78 - 179.58 270.43 160.37 158.03

100,000 & Greater+ 197.49 184.66 120.26 181.08 144.84 104.14

The information has been furnished from source which we deem reliable,but which we assume no liability.The information Contain herein is given in confidence,with he understanding that all negotiations pretaining to this property be handledthrough the submit office.All measurements are approximate.

T O T A L L E A S E A C T I V I T Y

SQ

UA

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Lease Activity QuarterlyMar 04,2019

Prepared By:Prepared For:

Sam Conley

Description:

Q4.2017 Q-1.2018 Q1.2018 Q2.2018 Q3.2018 Q4.2018 Q1.2019

By Size Range (sq-ft) SF # of Leases SF # of Leases SF # of Leases SF # of Leases SF # of Leases SF # of Leases SF # of Leases10,000 to 24,999 SF 398,885 25 466,671 32 523,652 38 530,189 32 260,915 19 266,016 1625,000 to 49,999 SF 375,740 12 382,305 12 459,571 13 335,492 10 316,837 10 103,862 350,000 to 99,999 SF 147,769 2 243,428 4 166,184 3 405,311 5 396,807 6 488,860 7100,000 & Greater+ 1,052,054 5 - - 688,365 5 129,050 1 389,216 3 738,792 2

Total Leasing Activity 1,974,448 44 0 0 1,780,769 53 1,278,457 55 1,270,992 47 1,363,775 38 1,597,530 28

Average Lease Rate NNN GRS NNN GRS NNN GRS NNN GRS NNN GRS NNN GRS NNN GRS10,000 to 24,999 SF 1.18 0.85 1.36 1.04 0.77 0.8 1.08 0.92 1.11 0.83 0.75 0.9125,000 to 49,999 SF 0.7 0.77 0.79 0.76 0.71 0.87 0.74 0.74 1.3 0.69 0.85 0.6750,000 to 99,999 SF 1.7 0.79 0.97 1 0.63 0.75 - 0.57 0.79 0.49 0.77 0.67100,000 & Greater+ 0.56 - - - 0.54 - - 0.54 0.68 0.58 1.25 0.65

The information has been furnished from source which we deem reliable,but which we assume no liability.The information Contain herein is given in confidence,with he understanding that all negotiations pretaining to this propertybe handled through the submit office.All measurements are approximate.

F E A T U R E D P R O P E R T Y

4 2 , 0 6 0 S F I N D U S T R I A L B U I L D I N G F O R L E A S E

1130 S VAIL AVEMONTEBELLO, CA 90640

LEASE RATE:

TBD

• Excellent Manufacturing/Distribution Building• Excess Land for Truck & Trailer Storage• Close to the 5 Freeway• 4 Dock High Loading Position• 2 Ground Level Loading Doors

ECONOMIC INDICATORS

INDUSTRIAL AVAILABILITY & VACANCY RATESAVAILABLE VACANT

Central Region 2.89% 2.63%

South East Region 4.99% 2.62%

East Region 3.01% 4.99%

LEASE & SALE ACTIVITY2017 2018*

DOWNTOWN LA

Lease 2,876,430 SF 3,281,424 SF

Sale 2,238,777 SF 1,855,161 SF

COMMERCE AREA

Lease 3,284,097 SF 2,967,066 SF

Sale 1,100,761 SF 3,144,654 SF

VERNON AREA

Lease 3,025,149 SF 3,676,053 SF

Sale 2,396,822 SF 2,129,632 SF*YTD

EQUITY MARKETSS & P 500 2,771.12

Dow Jones Industrial Average 25,627.45

NASDAQ 7,511.00Source: Google, Dow Jones, Nasdaq 3-04-19

QUOTATIONS HELPFUL WEBSITES“Ask five economists and you’ll get five different answers - six if one went to Harvard.” ~ B.C. Forbes

“Time is the scarcest resource and unless it is managed nothing else can be managed.” ~ Peter Drucker

“A merchant who approaches business with the idea of serving the public well has nothing to fear from the competition.” ~ Sam Walton

wsj.com ► The Wall Street Journal Wall Street Journal online coverage of breaking news and current headlines from the US and around the world.businessinsider.com ► Business Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals.thestreet.com ► TheStreet is a leading digital financial media company whose network of digital services provides users, subscribers and advertisers with a variety of content and tools through a range of online, social media, tablet and mobile channels. Our mission is to provide the most actionable ideas from the world of investing, finance and business in order to break down information barriers, level the playing field and help all individuals and organizations grow their wealth.



LEE & ASSOCIATES® - COMMERCE, INC. | CORP ID 01125429

500 Citadel Drive, Suite 140, Commerce, California 90040P: 323.720.8484 | F: 323.720.8474 | LEE-ASSOCIATES.COMLOCAL EXPERTISE. INTERNATIONAL REACH. WORLD CLASS.


L A I N D U S T R I A LG R O U P. C O MMAY 2019



LIC NO 00946253







Sale or Leasefor

Subleasefor

Leasefor

GAGE RD

UNION S

T

TELEGRAPH RD

CHAPIN RD

E SLAUSON AVE

5

Leasefor





224,640 SFSALE: TBD | LEASE: TBD








Leasefor

ORNELAS ST

IRWINDALE AVE

LEASED LEASED

TAN

AGER

AVE

VAIL

AVE

CONDOR AVE

Leasefor








43,584 SFLEASE: TBD





S G

REE

NW

OO

D A

VE

S TA

YLO

R A

VE

S 10

TH S

T

OLYMPIC BLVD

Salefor

Leasefor

FRUITLAND AVE

SOTO ST

SEVILLE AVE



4.5 MILES

268,049 SF

Sale or Leasefor

SUBLEASED





4,973 SFSALE: $1,118,925 | LEASE: $7,460 NNN

30,000 SFLEASE: TBD



1130 S VAIL AVEMONTEBELLO




SOTO ST

JEWEL AVE

E VER

NON AVE

E 37TH ST

Leasefor

BANDINI BLVD

CANNING ST

MA

LT A

VE

SUBJECTSublease

for

LEASED

Excellent Warehouse Distribution Space;Outside Storage Possible; Fenced Yard




42,060 SFLEASE: TBD




http://laindustrialgroup.com/




L A I N D U S T R I A LG R O U P. C O MMAY 2019





LIC NO 00946253



SQ

UA

RE

FE

ET


Mar 04,2019

Prepared By:

Prepared For:

Sam Conley

Description:

Q4.2017 Q1.2018 Q2.2018 Q3.2018 Q4.2018 Q1.2019By Size Range (sq-ft) SF # of Sale SF # of Sale SF # of Sale SF # of Sale SF # of Sale SF # of Sale10,000 to 24,999 SF 305,079 18 273,404 17 315,729 19 223,860 14 119,225 9 58,536 325,000 to 49,999 SF 313,617 10 372,888 10 273,665 8 384,241 11 166,694 5 76,500 250,000 to 99,999 SF 875,395 11 459,404 7 246,033 4 483,952 7 431,939 6 - -100,000 & Greater+ 982,677 7 961,817 3 1,234,600 3 994,637 5 2,602,440 3 896,528 3Total Sale Activity 2,476,768 46 2,067,513 37 2,070,027 34 2,086,690 37 3,320,298 23 1,031,564 8


25,000 to 49,999 SF 132.37 91.97 161.9 192.24 192.74 279.07

50,000 to 99,999 SF 110.78 - 179.58 270.43 160.37 158.03

100,000 & Greater+ 197.49 184.66 120.26 181.08 144.84 104.14



SQ

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Lease Activity QuarterlyApr 02,2019


Description:

Q1.2018 Q2.2018 Q3.2018 Q4.2018 Q1.2019

By Size Range (sq-ft) SF # of Leases SF # of Leases SF # of Leases SF # of Leases SF # of Leases10,000 to 24,999 SF 466,671 32 552,205 40 530,189 32 283,605 21 379,067 2325,000 to 49,999 SF 424,511 13 459,571 13 335,492 10 316,837 10 212,299 650,000 to 99,999 SF 298,076 5 166,184 3 405,311 5 396,807 6 488,860 7100,000 & Greater+ 688,365 5 129,050 1 - - 389,216 3 738,792 2

Total Leasing Activity 1,877,623 55 1,307,010 57 1,270,992 47 1,386,465 40 1,819,018 38

Average Lease Rate NNN GRS NNN GRS NNN GRS NNN GRS NNN GRS10,000 to 24,999 SF 1.18 0.85 1.23 1 0.77 0.8 1.08 0.92 0.75 0.9725,000 to 49,999 SF 0.7 0.77 0.79 0.75 0.71 0.87 0.74 0.74 0.85 0.6750,000 to 99,999 SF 1.7 0.77 0.97 1 0.63 0.75 - 0.57 0.77 0.67100,000 & Greater+ 0.56 - 0.54 - - 0.54 - - 1.25 0.65



8 6 , 9 3 0 S F I N D U S T R I A L B U I L D I N G F O R L E A S E

7344 BANDINI BLVDCOMMERCE, CA 90040

TELEGRAPH RD

BANDINI BLVD

5

LEASE RATE:

TBD• Manufacturing/Distribution Facility• Santa Ana Freeway Frontage• Excellent Central Location• Free-Standing Building• Fenced Yard• Heavy Power

ECONOMIC INDICATORS






DOWNTOWN LA

Lease 2,876,430 SF 3,281,424 SF

Sale 2,238,777 SF 1,855,161 SF

COMMERCE AREA

Lease 3,284,097 SF 2,967,066 SF

Sale 1,100,761 SF 3,144,654 SF

VERNON AREA

Lease 3,025,149 SF 3,676,053 SF

Sale 2,396,822 SF 2,129,632 SF*YTD



NASDAQ 7669.17Source: Google, Dow Jones, Nasdaq 3-28-19

QUOTATIONS HELPFUL WEBSITES“Happiness does not come from doing easy work but from the afterglow of satisfaction that comes after the achievement of a difficult task that demanded our best.” ~ Theodore Isaac Rubin

“An organization’s ability to learn, and translate that learning into action rapidly, is the ultimate competitive advantage.” ~ Jack Welch

“You can’t be successful in business without taking risks. It’s really that simple.” ~ Adena Friedman

finance.yahoo.com ► At Yahoo! Finance, you get free stock quotes, up to date news, portfolio management resources, international market data, message boards, and mortgage rates.

www.money.cnn.com ► The world’s largest business website, CNNMoney is the online home of FORTUNE and MONEY magazines, and serves as CNN’s exclusive business site.

online.wsj.com/home-page ► WSJ online coverage of breaking news and current headlines from the US and around the world.







L A I N D U S T R I A LG R O U P. C O MJUNE 2019




LIC NO 00946253


JP GORMLYAssociate

LIC NO 01921853


MIKE TSAPARIAN, CCIMExecutive Vice President, Principal

LIC NO 00901326








Sale or Leasefor

Subleasefor

Leasefor

GAGE RD

UNION S

T

TELEGRAPH RD

CHAPIN RD

E SLAUSON AVE

5

Leasefor













LEASED ORNELAS ST

IRWINDALE AVE

LEASED LEASED

TAN

AGER

AVE

VAIL

AVE

CONDOR AVE

Leasefor








43,584 SFLEASE: TBD





S G

REE

NW

OO

D A

VE

S TA

YLO

R A

VE

S 10

TH S

T

OLYMPIC BLVD

Salefor

Leasefor

FRUITLAND AVE

SOTO ST

SEVILLE AVE



4.5 MILES

268,049 SF

Sale or Leasefor

SUBLEASED





4,973 SFSALE: $1,118,925 | LEASE: $7,460 NNN

30,000 SFLEASE: TBD



1130 S VAIL AVEMONTEBELLO




SOTO ST

JEWEL AVE

E VER

NON AVE

E 37TH ST

Leasefor

BANDINI BLVD

CANNING ST

MA

LT A

VE

SUBJECTSublease

for

LEASED

Excellent Warehouse Distribution Space;Outside Storage Possible; Fenced Yard




42,060 SFLEASE: TBD











LIC NO 00946253


JP GORMLYAssociate

LIC NO 01921853


MIKE TSAPARIAN, CCIMExecutive Vice President, Principal

LIC NO 00901326


L A I N D U S T R I A LG R O U P. C O MJUNE 2019





SQ

UA

RE

FE

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Jun 04,2019

Prepared By:

Prepared For:

Description:

Q1.2018 Q2.2018 Q3.2018 Q4.2018 Q1.2019 Q2.2019By Size Range (sq-ft) SF # of Sale SF # of Sale SF # of Sale SF # of Sale SF # of Sale SF # of Sale10,000 to 24,999 SF 310,124 19 310,514 19 243,860 15 119,225 9 156,013 10 104,586 625,000 to 49,999 SF 341,804 9 318,215 9 384,241 11 166,694 5 145,321 4 320,220 850,000 to 99,999 SF 476,664 7 246,033 4 429,666 6 431,939 6 469,338 6 - -100,000 & Greater+ 961,817 3 1,234,600 3 994,637 5 2,602,440 3 686,021 3 245,000 1Total Sale Activity 2,090,409 38 2,109,362 35 2,052,404 37 3,320,298 23 1,456,693 23 669,806 15


25,000 to 49,999 SF 140.52 145.26 166.23 187.43 192.24 279.07

50,000 to 99,999 SF 111.91 183.69 179.58 - 283.4 158.03

100,000 & Greater+ 197.49 228.56 120.26 - 148.55 107.03



SQ

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Lease Activity QuarterlyJun 04,2019


Description:

Q1.2018 Q2.2018 Q3.2018 Q4.2018 Q1.2019 Q2.2019

By Size Range (sq-ft) SF # of Leases SF # of Leases SF # of Leases SF # of Leases SF # of Leases SF # of Leases10,000 to 24,999 SF 490,671 33 552,205 40 573,691 34 294,305 22 442,402 27 226,775 1425,000 to 49,999 SF 424,511 13 459,571 13 335,492 10 316,837 10 320,499 9 348,813 1150,000 to 99,999 SF 298,076 5 166,184 3 405,311 5 396,807 6 488,860 7 418,633 6100,000 & Greater+ 688,365 5 129,050 1 - - 389,216 3 738,792 2 - -

Total Leasing Activity 1,901,623 56 1,307,010 57 1,314,494 49 1,397,165 41 1,990,553 45 994,221 31

Average Lease Rate NNN GRS NNN GRS NNN GRS NNN GRS NNN GRS NNN GRS10,000 to 24,999 SF 1.18 0.84 1.23 1.02 0.77 0.8 0.86 1.07 1.16 0.92 0.75 0.9625,000 to 49,999 SF 0.7 0.77 0.79 0.85 0.71 0.87 0.96 0.84 0.74 0.74 0.85 0.6750,000 to 99,999 SF 1.7 0.77 0.97 1 0.63 0.75 0.83 0.74 - 0.57 0.77 0.67100,000 & Greater+ 0.56 - 0.54 - - 0.54 - - - - 1.25 0.65



± 1 2 ,1 4 9 S F L E A S E D I N V E S T M E N T / C O L D S T O R A G E F O R S A L E

6804-6818 WATCHER STREETCOMMERCE, CA 90040

SALE PRICE:

$3,300,000

• 5,341 SF Warehouse/2,952 SF Cooler/1,708 SF Freezer/576 SF Dry Refrigeration

• Cul-De-Sac Location• Excellent Cold Stoarage Facility• 10 Dock High Doors• 5.07 Cap Rate• 15 Year Leased Investment

ECONOMIC INDICATORS






DOWNTOWN LA

Lease 2,876,430 SF 3,281,424 SF

Sale 2,238,777 SF 1,855,161 SF

COMMERCE AREA

Lease 3,284,097 SF 2,967,066 SF

Sale 1,100,761 SF 3,144,654 SF

VERNON AREA

Lease 3,025,149 SF 3,676,053 SF

Sale 2,396,822 SF 2,129,632 SF*YTD



NASDAQ 7,486.29Source: Google, Dow Jones, Nasdaq 6-4-19

QUOTATIONS HELPFUL WEBSITES“Happiness does not come from doing easy work but from the afterglow of satisfaction that comes after the achievement of a difficult task that demanded our best.” ~ Theodore Isaac Rubin

“An organization’s ability to learn, and translate that learning into action rapidly, is the ultimate competitive advantage.” ~ Jack Welch

“You can’t be successful in business without taking risks. It’s really that simple.” ~ Adena Friedman

finance.yahoo.com ► At Yahoo! Finance, you get free stock quotes, up to date news, portfolio management resources, international market data, message boards, and mortgage rates.

www.money.cnn.com ► The world’s largest business website, CNNMoney is the online home of FORTUNE and MONEY magazines, and serves as CNN’s exclusive business site.

online.wsj.com/home-page ► WSJ online coverage of breaking news and current headlines from the US and around the world.


marc 2019 maret ate reort - la industrial...

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