Goodman Group’s LA-Area Logistics Center Hits Full Occupancy
- May 23, 2018
Damco has signed a new 10-year lease with Goodman Group. The provider of freight forwarding and supply chain management services will occupy 989,809 square feet at Goodman Gateway Santa Fe Springs, a logistics campus in the Greater Los Angeles area.
The company will occupy 100 percent of the six-building campus, which is situated on 75 acres, with 18 acres of trailer parking. The campus, located at 12801 Excelsior Drive, features 26- to 36-foot clear heights, 208 truck doors, ESFR sprinklers, 24/7 security and operations, offices to suite and food and cold storage uses in Building 4, 5 and 6. The property is within close proximity to interstates 5 and 605, as well as the Port of Los Angeles/Long Beach and LAX International Airport.
“Damco works with customers across rapidly changing markets including fashion, retail, chemical, FMCG and technology to co-create supply chain optimization programs,” Bill Peratt, president of Damco Distribution Services Inc., the warehouse and distribution arm of DAMCO in North America, said in a prepared statement. “Goodman Gateway Santa Fe Springs is a great addition to our portfolio of assets in the Southern California market. This facility deepens our commitment to our customers while enhancing our ability to provide world-class logistics services.”
JLL’s Senior Managing Director Louis Tomaselli and Managing Director Zach Niles represented Goodman in the lease transaction, while Lee & Associates’ Principals David Bales and Don Smith represented Damco.
Image courtesy of Goodman Group