{"id":1004578571,"date":"2022-04-29T11:19:02","date_gmt":"2022-04-29T19:19:02","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004578571"},"modified":"2022-12-08T14:41:10","modified_gmt":"2022-12-08T22:41:10","slug":"rexford-industrial-lands-tenant-at-socal-facility","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/rexford-industrial-lands-tenant-at-socal-facility\/","title":{"rendered":"Rexford Industrial Lands Tenant at SoCal Facility"},"content":{"rendered":"
\"\"<\/a>

2390 Ward Ave.<\/p><\/div>\n

Snyder-Diamond Corp.<\/strong>, a distributor of kitchen appliances and bathroom fixtures, has agreed to occupy 76,000 square feet of industrial space in the burgeoning Simi Valley, Calif.<\/p>\n

Lee & Associates<\/strong> brokered the $13.9 million, 10-year lease on behalf of the landlord, Rexford Industrial Realty<\/strong>, while Peak Commercial<\/strong> represented the tenant.<\/p>\n

Built in 1989, the industrial facility at 2390 Ward Ave. features 138,700 square feet of rentable space with loading doors, dock leveler, dock bumpers, sky lights, fire sprinklers and HVAC climate control systems.<\/p>\n

The property also offers 6,600 square feet of dedicated office space, along with 347 parking spaces in a 2.5 spaces per 1,000 square feet parking ratio, according to CommercialEdge data. Other tenants at 2390 Ward Ave. include All American Containers and Ricoh, according to the same data provider.<\/p>\n

\n

READ ALSO: Industrial Lease Trends to Consider in 2022<\/a><\/p>\n

\n

The property is located on 7.7 acres in the Simi Valley\/Moorpark area. The submarket ended the first quarter of 2022 with 162,127 square feet of vacant industrial space reflecting a vacancy rate of just 1.2 percent, as demand continues to outpace supply.<\/p>\n

Rexford Industrial bought the industrial facility in 2017 for $16.5 million. Active in the Southern California market, the company has recently acquired another four industrial assets in Long Beach, Chatsworth, Eastvale and Santa Fe Springs<\/a>, in an off-market transaction, for a combined $82.7 million.<\/p>\n","protected":false},"excerpt":{"rendered":"

A distributor of kitchen appliances and bathroom fixtures has leased the space for 10 years.<\/p>\n","protected":false},"author":3142,"featured_media":1004578574,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21784,22251,21748,1594,21742,15],"tags":[32762,35630],"class_list":["post-1004578571","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-brokerage","category-in-focus","category-industrial","category-los-angeles","category-latest","category-west","tag-lee-associates","tag-rexford-industrial-realty-inc"],"acf":[],"yoast_head":"\nRexford Industrial Lands Tenant at SoCal Facility - CPE<\/title>\n<meta name=\"description\" content=\"Snyder-Diamond Corp., signed a 10-year lease for 76,000 square feet at Rexford Industrial's 2390 Ward Ave., in Simi Valley, Calif.\" \/>\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\/rexford-industrial-lands-tenant-at-socal-facility\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Rexford Industrial Lands Tenant at SoCal Facility\" \/>\n<meta property=\"og:description\" content=\"Snyder-Diamond Corp., signed a 10-year lease for 76,000 square feet at Rexford Industrial's 2390 Ward Ave., in Simi Valley, Calif.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/rexford-industrial-lands-tenant-at-socal-facility\/\" \/>\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=\"2022-04-29T19:19:02+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-08T22:41:10+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/04\/2390-Ward-Ave.-e1651238775236.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"640\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Anda Rosu\" \/>\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\/rexford-industrial-lands-tenant-at-socal-facility\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/rexford-industrial-lands-tenant-at-socal-facility\/\",\"name\":\"Rexford Industrial Lands Tenant at SoCal Facility - CPE\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/rexford-industrial-lands-tenant-at-socal-facility\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/rexford-industrial-lands-tenant-at-socal-facility\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/04\/2390-Ward-Ave.-e1651238775236.jpg\",\"datePublished\":\"2022-04-29T19:19:02+00:00\",\"dateModified\":\"2022-12-08T22:41:10+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/9ddda76c3d540297067f1385ee79340d\"},\"description\":\"Snyder-Diamond Corp., signed a 10-year lease for 76,000 square feet at Rexford Industrial's 2390 Ward Ave., in Simi Valley, Calif.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/rexford-industrial-lands-tenant-at-socal-facility\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/rexford-industrial-lands-tenant-at-socal-facility\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/rexford-industrial-lands-tenant-at-socal-facility\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/04\/2390-Ward-Ave.-e1651238775236.jpg\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/04\/2390-Ward-Ave.-e1651238775236.jpg\",\"width\":800,\"height\":640,\"caption\":\"2390 Ward Ave.\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/rexford-industrial-lands-tenant-at-socal-facility\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.commercialsearch.com\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Rexford Industrial Lands Tenant at SoCal Facility\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/\",\"name\":\"Commercial Property Executive\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/9ddda76c3d540297067f1385ee79340d\",\"name\":\"Anda Rosu\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/6f6f6215a0e7ba9ee27203417427c8373258a8bf8f0663203cc474949e28d046?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/6f6f6215a0e7ba9ee27203417427c8373258a8bf8f0663203cc474949e28d046?s=96&d=mm&r=g\",\"caption\":\"Anda Rosu\"},\"url\":\"https:\/\/www.commercialsearch.com\/news\/author\/anda-rosu\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Rexford Industrial Lands Tenant at SoCal Facility - CPE","description":"Snyder-Diamond Corp., signed a 10-year lease for 76,000 square feet at Rexford Industrial's 2390 Ward Ave., in Simi Valley, Calif.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.commercialsearch.com\/news\/rexford-industrial-lands-tenant-at-socal-facility\/","og_locale":"en_US","og_type":"article","og_title":"Rexford Industrial Lands Tenant at SoCal Facility","og_description":"Snyder-Diamond Corp., signed a 10-year lease for 76,000 square feet at Rexford Industrial's 2390 Ward Ave., in Simi Valley, Calif.","og_url":"https:\/\/www.commercialsearch.com\/news\/rexford-industrial-lands-tenant-at-socal-facility\/","og_site_name":"Commercial Property Executive","article_publisher":"https:\/\/www.facebook.com\/CPExecutive","article_published_time":"2022-04-29T19:19:02+00:00","article_modified_time":"2022-12-08T22:41:10+00:00","og_image":[{"width":800,"height":640,"url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/04\/2390-Ward-Ave.-e1651238775236.jpg","type":"image\/jpeg"}],"author":"Anda Rosu","twitter_card":"summary_large_image","twitter_creator":"@cpexecutive","twitter_site":"@cpexecutive","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.commercialsearch.com\/news\/rexford-industrial-lands-tenant-at-socal-facility\/","url":"https:\/\/www.commercialsearch.com\/news\/rexford-industrial-lands-tenant-at-socal-facility\/","name":"Rexford Industrial Lands Tenant at SoCal Facility - CPE","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/rexford-industrial-lands-tenant-at-socal-facility\/#primaryimage"},"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/rexford-industrial-lands-tenant-at-socal-facility\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/04\/2390-Ward-Ave.-e1651238775236.jpg","datePublished":"2022-04-29T19:19:02+00:00","dateModified":"2022-12-08T22:41:10+00:00","author":{"@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/9ddda76c3d540297067f1385ee79340d"},"description":"Snyder-Diamond Corp., signed a 10-year lease for 76,000 square feet at Rexford Industrial's 2390 Ward Ave., in Simi Valley, Calif.","breadcrumb":{"@id":"https:\/\/www.commercialsearch.com\/news\/rexford-industrial-lands-tenant-at-socal-facility\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.commercialsearch.com\/news\/rexford-industrial-lands-tenant-at-socal-facility\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/rexford-industrial-lands-tenant-at-socal-facility\/#primaryimage","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/04\/2390-Ward-Ave.-e1651238775236.jpg","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/04\/2390-Ward-Ave.-e1651238775236.jpg","width":800,"height":640,"caption":"2390 Ward Ave."},{"@type":"BreadcrumbList","@id":"https:\/\/www.commercialsearch.com\/news\/rexford-industrial-lands-tenant-at-socal-facility\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.commercialsearch.com\/news\/"},{"@type":"ListItem","position":2,"name":"Rexford Industrial Lands Tenant at SoCal Facility"}]},{"@type":"WebSite","@id":"https:\/\/www.commercialsearch.com\/news\/#website","url":"https:\/\/www.commercialsearch.com\/news\/","name":"Commercial Property Executive","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/9ddda76c3d540297067f1385ee79340d","name":"Anda Rosu","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/6f6f6215a0e7ba9ee27203417427c8373258a8bf8f0663203cc474949e28d046?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/6f6f6215a0e7ba9ee27203417427c8373258a8bf8f0663203cc474949e28d046?s=96&d=mm&r=g","caption":"Anda Rosu"},"url":"https:\/\/www.commercialsearch.com\/news\/author\/anda-rosu\/"}]}},"jetpack_featured_media_url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/04\/2390-Ward-Ave.-e1651238775236.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004578571","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/users\/3142"}],"replies":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/comments?post=1004578571"}],"version-history":[{"count":10,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004578571\/revisions"}],"predecessor-version":[{"id":1004578799,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004578571\/revisions\/1004578799"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media\/1004578574"}],"wp:attachment":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media?parent=1004578571"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/categories?post=1004578571"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/tags?post=1004578571"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}