{"id":1004471893,"date":"2020-08-20T00:08:15","date_gmt":"2020-08-20T08:08:15","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004471893"},"modified":"2025-02-26T03:09:44","modified_gmt":"2025-02-26T11:09:44","slug":"jll-closes-232-ksf-los-angeles-warehouse-lease","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/jll-closes-232-ksf-los-angeles-warehouse-lease\/","title":{"rendered":"JLL Closes 232 KSF Los Angeles Warehouse Lease"},"content":{"rendered":"
\"\"<\/a>

Prologis Vernon Business Center. Image courtesy of JLL<\/i><\/p><\/div>\n

JLL has negotiated a 232,229-square-foot full-building lease at Prologis Vernon Business Center in Vernon, Calif. Senior Vice President Joe Dimola assisted the tenant, US Elogistic Services Corp. Newmark Knight Frank Vice Chairman John McMillan represented the owner, Prologis. The transaction represents the largest industrial lease closed in the Central Los Angeles submarket this year in terms of square footage, according to JLL.<\/p>\n

Located on 16 acres at 5215 S. Boyle Ave., the industrial park encompasses two single-story buildings delivered earlier this year. Prologis broke ground on the property<\/a> in January 2019. The tenant will occupy the second building, which features a 10,395-square-foot office component, 36-foot clear heights, 38 dock-high doors, two grade-level ramps and an ESFR sprinkler system. The industrial complex is 5 miles south of downtown Los Angeles and 16 miles east of Los Angeles International Airport.<\/p>\n

Prior to the pandemic, some 35 percent of JLL\u2019s industrial leasing activity was tied to e-commerce tenants. However, with the massive growth of online shopping<\/a>\u2014estimated to increase by 20 percent this year alone\u2014nearly 50 percent of the brokerage’s leases year-to-date have involved online retailers or related companies.<\/p>\n

If you\u2019d like to be featured in Brokers\u2019 Corner, simply fill in <\/em>our short form<\/em><\/strong><\/a> or send your deal to <\/em>deals@cpe-mhn.com<\/em><\/strong><\/a>.<\/em><\/div>\n","protected":false},"excerpt":{"rendered":"

Senior Vice President Joe Dimola represented the e-commerce tenant in the full-building industrial deal.<\/p>\n","protected":false},"author":867,"featured_media":1004365520,"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":[50041,32796,36007,32956],"class_list":["post-1004471893","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-central-los-angeles-submarket","tag-jll","tag-newmark-knight-frank","tag-prologis"],"acf":[],"yoast_head":"\nJLL Closes 232 KSF Los Angeles Warehouse 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\/jll-closes-232-ksf-los-angeles-warehouse-lease\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"JLL Closes 232 KSF Los Angeles Warehouse Lease\" \/>\n<meta property=\"og:description\" content=\"Senior Vice President Joe Dimola represented the e-commerce tenant in the full-building industrial deal.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/jll-closes-232-ksf-los-angeles-warehouse-lease\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2020-08-20T08:08:15+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-02-26T11:09:44+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/11\/CPE-Brokers-Corner-827x400.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"827\" \/>\n\t<meta property=\"og:image:height\" content=\"400\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Pavel Cazacu\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/jll-closes-232-ksf-los-angeles-warehouse-lease\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/jll-closes-232-ksf-los-angeles-warehouse-lease\/\",\"name\":\"JLL Closes 232 KSF Los Angeles Warehouse Lease - 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