2091 Raymer Avenue, Fullerton

August 19, 2019

Address:  2091 Raymer Avenue, Fullerton

Description:  48,772 sq. ft. multi-tenant industrial building

Lessee:  Logistics Edge, LLC

Lessor:  Raymer Avenue, LLC

Assignment:  Market for lease a portion of a class A distribution project on behalf of an institutional client.

Result:  Developed and implemented a comprehensive marketing plan while the building was still occupied by Logistics Edge, a third party logistics provider.  The marketing program generated significant interest in the space and multiple lease offers.  The intense demand prompted the existing tenant to renew their lease rate at a significant premium over their previous rate.

Total Value of the Transaction:  $974,823