2091 Raymer Ave., Fullerton

July 8, 2022
Landlord/Seller Representation

Address: 2091 Raymer Ave., Fullerton

Description: An approximately 48,772 rentable Sq. Ft. portion of an approximately 70,655 rentable Sq. Ft. industrial building.

Landlord: Alere Property Group

Tenant: Primary Logistics Services, LLC, a California Limited Liability Company

Assignment: Develop and implement a marketing program for the lease of a State-of-the-Art distribution building.

Result: The Voit Team generated multiple offers to lease and ultimately negotiate a four (4) year lease with Primary Logistics Services, a third-party logistics provider. The terms included a record $1.85/sf Net starting lease rate, annual increases of 4%, no tenant improvements and one month of free rent.