{"id":1004208180,"date":"2018-02-23T17:16:40","date_gmt":"2018-02-24T01:16:40","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004208180"},"modified":"2022-12-08T19:01:06","modified_gmt":"2022-12-09T03:01:06","slug":"oil-manufacturer-inks-55-ksf-ca-lease","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/oil-manufacturer-inks-55-ksf-ca-lease\/","title":{"rendered":"Oil Manufacturer Inks 55 KSF CA Lease"},"content":{"rendered":"<p>By Evelyn Jozsa<\/p>\n<div id=\"attachment_1004208181\" style=\"width: 356px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/02\/1215-Washington-Blvd.jpg\" target=\"_blank\" rel=\"noopener noreferrer\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004208181\" data-attachment-id=\"1004208181\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/oil-manufacturer-inks-55-ksf-ca-lease\/1215-washington-blvd\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/02\/1215-Washington-Blvd.jpg\" data-orig-size=\"800,620\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;1&quot;}\" data-image-title=\"1215 Washington Boulevard, Montebello, Calif.\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;1215 Washington Boulevard, Montebello, Calif.&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/02\/1215-Washington-Blvd.jpg?w=800\" class=\"wp-image-1004208181 \" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/02\/1215-Washington-Blvd.jpg\" alt=\"1215 Washington Boulevard, Montebello, Calif.\" width=\"346\" height=\"262\" \/><\/a><p id=\"caption-attachment-1004208181\" class=\"wp-caption-text\">1215 Washington Boulevard, Montebello, Calif.<\/p><\/div>\n<p>Sunset Olive Oil has signed a 54,648-square-foot warehouse lease in Montebello, Calif. DAUM Commercial completed the leasing transaction on behalf of the landlord, Emery Investments. This expansion of the tenant will create 20 jobs in the region.<\/p>\n<p>Situated at 1215 Washington Blvd., the asset is near Interstate 5, approximately 15 minutes from downtown Los Angeles. The warehouse was constructed in 1977 and has recently undergone renovations. Improvements include a new roof, new lighting, updated landscaping, as well as interior upgrades. Additional characteristics include four dock-high loading doors, 68 parking spaces and a secure private yard.<\/p>\n<p><em>\u201cIndustrial leasing and sales are poised for a strong year,\u201d<\/em> said Dennis Sandoval, executive vice president at DAUM Commercial, in prepared remarks.<em> \u201cThe <a href=\"https:\/\/www.commercialsearch.com\/news\/socal-and-whats-next-for-industrial-real-estate\/\">Central\/Southeast Los Angeles industrial market<\/a> posted steady occupancy increases in Q4 of 2017, moving from 2.1 percent vacancy to 1.9 percent vacancy. In addition, average asking rents increased 8.1 percent year over year. This is robust growth for the market and represents excellent growth potential for industrial lessors in the year ahead.\u201d<\/em><\/p>\n<p><em>Image courtesy of Google street view<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The firm, Sunset Olive Oil, will create 20 jobs through at its facility in Montebello, Calif. DAUM Commercial has arranged the leasing transaction on behalf of the landlord, Emery Investments. <\/p>\n","protected":false},"author":871,"featured_media":1004208181,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21784,21743,21748,1594,21742,15],"tags":[34824,39181],"class_list":["post-1004208180","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-brokerage","category-deals","category-industrial","category-los-angeles","category-latest","category-west","tag-daum-commercial","tag-dennis-sandoval"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Oil Manufacturer Inks 55 KSF CA Lease - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/oil-manufacturer-inks-55-ksf-ca-lease\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Oil Manufacturer Inks 55 KSF CA Lease\" \/>\n<meta property=\"og:description\" content=\"The firm, Sunset Olive Oil, will create 20 jobs through at its facility in Montebello, Calif. 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