Rancho Realty Group made quick work of leasing its listing of the industrial warehouse complex at 11240-11260 Sherman Way in Sun Valley, adjacent to Burbank Airport. Within eight weeks of listing the five-building complex totaling 132,000 square feet, three of the five structures have already been leased.
Colliers SVP William Walk represented two tenants that leased three of the five buildings. Wet Design, a Los Angeles-based international waterscape design and engineering firm, committed to 12,000 square feet and Silver Construction, a commercial and residential general contractor leased two buildings totaling 29,800 square feet.
Listing agents Daniel O’Neil and Parker Jones of Rancho Realty Group represented the landlord. Industrial Centers Corporation, a Jackbuilt company, “priced the buildings to lease,” according to Brad Howard, CEO of the company. Still available for lease are a heavy manufacturing concrete tilt-up building totaling 79,421 square feet and a 12,000-square-foot warehouse suitable for a creative space.
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