{"id":1004635606,"date":"2022-12-16T08:24:54","date_gmt":"2022-12-16T16:24:54","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004635606"},"modified":"2022-12-16T08:27:25","modified_gmt":"2022-12-16T16:27:25","slug":"the-odonnell-group-inks-101-ksf-industrial-lease-in-greater-la","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/the-odonnell-group-inks-101-ksf-industrial-lease-in-greater-la\/","title":{"rendered":"The O\u2019Donnell Group Inks 101 KSF Industrial Lease in Greater LA"},"content":{"rendered":"<div id=\"attachment_1004635607\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/12\/7227_Telegraph_Rd_Aerial_View-e1671109046309.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004635607\" data-attachment-id=\"1004635607\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/the-odonnell-group-inks-101-ksf-industrial-lease-in-greater-la\/7227_telegraph_rd_aerial_view\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/12\/7227_Telegraph_Rd_Aerial_View-e1671109046309.jpg\" data-orig-size=\"837,627\" 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;0&quot;}\" data-image-title=\"7227_Telegraph_Rd_Aerial_View\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;7227 Telegraph Road. Image courtesy of Cushman &#038; Wakefield&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/12\/7227_Telegraph_Rd_Aerial_View-e1671109046309.jpg?w=837\" class=\"wp-image-1004635607 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/12\/7227_Telegraph_Rd_Aerial_View-e1671109046309.jpg?w=300\" alt=\"\" width=\"300\" height=\"225\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/12\/7227_Telegraph_Rd_Aerial_View-e1671109046309.jpg 837w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/12\/7227_Telegraph_Rd_Aerial_View-e1671109046309.jpg?resize=300,225 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/12\/7227_Telegraph_Rd_Aerial_View-e1671109046309.jpg?resize=768,575 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004635607\" class=\"wp-caption-text\">7227 Telegraph Road. Image courtesy of Cushman &amp; Wakefield<\/p><\/div>\n<p><strong>Republic Floor<\/strong> has signed a full-building lease at 7227 Telegraph Road, a 101,429-square-foot freestanding warehouse and distribution facility in Montebello, Calif. The property will serve as the flooring company\u2019s new North America headquarters.<\/p>\n<p>Executive Director Tim Wallace of <strong>Cushman &amp; Wakefield<\/strong> represented the tenant. The <strong>Colliers<\/strong> team assisting the owner, <strong>The<\/strong> <strong>O\u2019Donnell Group<\/strong>, included Vice President Connor McRae, alongside Senior Executive Vice Presidents Scott Heaton and Chris Sheehan.<\/p>\n<p>Completed in 1973 and refurbished in 2019, the facility sits on 3.9 acres and features motion-censored LED lighting, 24-foot clear heights, 10 dock-high positions and a ground-level ramp. The Class B property offers 101 parking spaces and includes 5,133 square feet of office space.<\/p>\n<p>The distribution facility is located at 7227 Telegraph Road, 11 miles from downtown Los Angeles and has access to interstates 5 and 710. Companies in the surrounding area include Source Logistics, Sugar Foods Corp., Unified Grocers and FedEx, among others.<\/p>\n<p>Wallace mentioned in prepared remarks that the location represented an opportunity due to its connectivity throughout Greater Los Angeles, a competitive area that lacks modern facilities. According to the latest CommercialEdge report, Los Angeles&#8217; industrial sector had a <a href=\"https:\/\/www.commercialsearch.com\/news\/optimistic-outlook-predicted-for-industrial-sector\/\">2.1 percent vacancy rate<\/a> as of October, lower than the national rate of 4.0 percent. Additionally, the metro&#8217;s average industrial rent registered a 9.7 percent increase year-over-year.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The tenant will establish its North America headquarters at the location.<\/p>\n","protected":false},"author":2829,"featured_media":1004635607,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21784,21748,1594,21742,15],"tags":[35498,32799],"class_list":["post-1004635606","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-brokerage","category-industrial","category-los-angeles","category-latest","category-west","tag-colliers","tag-cushman-wakefield"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>The O\u2019Donnell Group Inks 101 KSF Industrial Lease in Greater LA - CPE<\/title>\n<meta name=\"description\" content=\"Republic Floor will establish its North America headquarters at 7227 Telegraph Road, a 101,429-square-foot warehouse near Los Angeles.\" \/>\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\/the-odonnell-group-inks-101-ksf-industrial-lease-in-greater-la\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The O\u2019Donnell Group Inks 101 KSF Industrial Lease in Greater LA\" \/>\n<meta property=\"og:description\" content=\"Republic Floor will establish its North America headquarters at 7227 Telegraph Road, a 101,429-square-foot warehouse near Los Angeles.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/the-odonnell-group-inks-101-ksf-industrial-lease-in-greater-la\/\" \/>\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=\"2022-12-16T16:24:54+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-16T16:27:25+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/12\/7227_Telegraph_Rd_Aerial_View-e1671109046309.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"837\" \/>\n\t<meta property=\"og:image:height\" content=\"627\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Madalina Pojoga\" \/>\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\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/the-odonnell-group-inks-101-ksf-industrial-lease-in-greater-la\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/the-odonnell-group-inks-101-ksf-industrial-lease-in-greater-la\\\/\"},\"author\":{\"name\":\"Madalina Pojoga\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/7ced0369df035c845a1e5d647c62dd7a\"},\"headline\":\"The O\u2019Donnell Group Inks 101 KSF Industrial Lease in Greater LA\",\"datePublished\":\"2022-12-16T16:24:54+00:00\",\"dateModified\":\"2022-12-16T16:27:25+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/the-odonnell-group-inks-101-ksf-industrial-lease-in-greater-la\\\/\"},\"wordCount\":232,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/the-odonnell-group-inks-101-ksf-industrial-lease-in-greater-la\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2022\\\/12\\\/7227_Telegraph_Rd_Aerial_View-e1671109046309.jpg\",\"keywords\":[\"Colliers\",\"Cushman &amp; 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