6300 Valley View, Buena Park
Address: 6300 Valley View, Buena Park, CA
Description: 190,800 Sq. Ft. Industrial Building
Lessee: Manhattan Beachwear, LLC
Lessor: PGIM, Inc. (Prudential Asset Manager)
Assignment: The Hefner Vernick Team represented the Lessor, PGIM, Inc., in a 60-month lease renewal for the 190,800 sq. ft. distribution facility with Manhattan Beachwear, LLC. The Team was able to renew the lease on behalf of PGIM with an effective rate of $1.28 PSF modified gross over the extended term, reflecting a 100% rental increase over the original term of the lease.