NAI Capital Commercial executive managing director Ryan Campbell, SIOR represented third-party logistics provider Lionext Inc., in the 10-year lease of a 106,110-square-foot distribution facility in Santa Fe Springs, near its headquarters. Landlord Kekropia Inc. was represented by Joel Hutak and Phillip De Rousse of Lee & Associates.
Located at 11650 Burke St. near the 605 Freeway, the Class A facility offers a 32-foot clear height at the first column, 16 dock-high positions, two grade-level doors, approximately 7,000 square feet of office space and a large fenced yard with drive-around truck access. Built in 2011, the building also features ESFR sprinklers, 2.5% skylights, 50′ x 52′ column spacing and a 200-foot shared concrete truck court.
Campbell said, “The facility offers modern features, a highly functional design, and a prime logistics location. It was a competitive process, and I’m proud to have negotiated terms that support my client’s long-term goals.”
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