Los Angeles Office: 5701 South Eastern Ave., Suite 100, Los Angeles CA 90040 | Ph: 323.727.1144 | F: 323.727.9198
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Press Release - 5556 Grace Pl-PAD-SMK 12-18-14

Published on: Mar 4, 2016

Transcripts - Press Release - 5556 Grace Pl-PAD-SMK 12-18-14

  • 1. Los Angeles Office: 5701 South Eastern Ave., Suite 100, Los Angeles CA 90040 | Ph: 323.727.1144 | F: 323.727.9198 Long Beach Office: 3780 Kilroy Airport Way, Suite 360, Long Beach CA 90806 | Ph: 562.472.0071 | F: 562.689.0071 Phoenix Office: 20 East Thomas Road, Suite 2200 l Phoenix, AZ 85012 | Ph: 602.800.5800 | F: 602.800.5701 HEGER INDUSTRIAL COMPLETED LEASE TRANSACTION Lease Consideration – $1,432,582.68 Commerce, California Heger Industrial is pleased to announce its recent Lease transaction of 5556 Grace Place, Commerce, California 90022. Heger Industrial's Philip A. Dray and Stephan M. Ktorza represented the Lessee, Upper Class Warehouse West, LLC. John McMillan and Jeff Sanita from Cushman & Wakefield represented the Lessor, SCIF Grace Pl. Upper Class Warehouse West, LLC, is a third-party logistics provider firm that provides service to its customers of outsourced (or "third party") logistics services for part, or all of their supply chain management functions. Third party logistics providers typically specialize in integrated operation, warehousing and transportation services that can be scaled and customized to customers' needs based on market conditions and the demands and delivery service requirements for their products and materials. Originally located in New Jersey, Upper Class Warehouse West, LLC, wanted to expand their business in the West Coast. Stephan M. Ktorza and Philip A. Dray helped them throughout the process of securing the best location for their needs. This property is a 51,184 square foot industrial building located in Commerce, California. LEARN MORE ABOUT HEGER Heger Industrial is a full-service industrial real estate company, providing brokerage, property management, investment and consulting services. Since 1957, Heger has maintained a targeted focus on industrial real estate throughout the West Coast, offering leading edge research and personal service that is unmatched in the market. Heger Industrial’s clients benefit from comprehensive market data and a team of experts operating exclusively within the industrial sector. Heger has the vision and experience to create significant value for landlords, tenants and investors large and small. Heger Industrial is growing! For additional information on Heger, its recently completed transactions or feedback on existing market conditions and opportunities, please view our website at www.heger- industrial.com or contact: Brenna Noltimier Marketing Director HEGER INDUSTRIAL brenna@heger-industrial.com l www.heger-industrial.com ###

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