{"id":34409,"date":"2022-10-12T11:36:02","date_gmt":"2022-10-12T08:36:02","guid":{"rendered":"https:\/\/www.commercialcafe.com\/blog\/?p=34409"},"modified":"2025-03-25T16:09:13","modified_gmt":"2025-03-25T13:09:13","slug":"great-central-transport-lease-compton-warehouses","status":"publish","type":"post","link":"https:\/\/www.commercialcafe.com\/blog\/great-central-transport-lease-compton-warehouses\/","title":{"rendered":"Great Central Transport Leases 2 Compton Warehouse Spaces"},"content":{"rendered":"

Trucking, storage and distribution company Great Central Transport has signed two leases totaling 344,000 square feet of industrial space in Compton, Calif.<\/a> The largest of the two deals included a 200,000-square-foot industrial building at 601-615 W. Walnut St., which is owned by the San Francisco-based warehousing giant Prologis. The second deal was for a roughly 144,000-square-foot property at 921 Artesia Blvd. that\u2019s owned by JPMorgan Asset Management.<\/p>\n

In both negotiations, the tenant was represented by Klabin Company\u2019s Frank Schulz and Nick Buss. John Schumacher of CBRE negotiated on behalf of JPMorgan, while Klabin\u2019s David Prior and Todd Taugner represented Prologis.<\/p>\n

\u201cThese two lease transactions were crucial to Great Central\u2019s operations as it rapidly expands its services and client base,\u201d Buss said. \u201cThe demand and level of interest in these buildings was extremely high and we used our strong relationships and market knowledge to secure them for our client in a timely manner with terms that work for them.\u201d<\/p>\n

The two warehouse buildings are located just a few blocks apart in a vital industrial southern California corridor that provides access to freeways and the ports of Los Angeles and Long Beach. The Artesia Boulevard building stands on a 7.5-acre plot and previously served as a DHL distribution facility. Great Central Transport signed a 61-month lease for the concrete tilt-up industrial building, which also includes approximately 15,000 square feet of office space, 14 dock-high positions, one ground-level door and 24\u2019 clear height. The property also comes with a 400-spot parking area.<\/p>\n

The Walnut Street warehouse rests on more than nine acres and was recently upgraded with 20 pit-style load levelers and perimeter fencing around its massive yard. The building also features 32 dock-high positions, two ground-level doors and 22\u2019 clear height.<\/p>\n

The demand for warehousing and distribution facilities across California has been growing for several years now. However, COVID-19 lockdowns \u2014 coupled with the growth of e-commerce \u2014 have kicked it into high gear as vacancy rates approach 1% in some markets<\/a>. Meanwhile, spec construction for industrial buildings larger than 100,000 square feet is struggling to meet demand, with new properties leased in just a few weeks.<\/p>\n

For those looking for commercial real estate \u2014 whether it be industrial, office or retail space \u2014 CommercialCafe provides a comprehensive database of listings covering all of the major U.S. real estate markets.<\/p>\n\n\n\n\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t
Manhattan commercial real estate<\/a><\/td>Los Angeles commercial real estate<\/a><\/td>\n<\/tr>\n
Houston commercial real estate<\/a><\/td>Chicago commercial real estate<\/a><\/td>\n<\/tr>\n
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Austin commercial real estate<\/a><\/td>Seattle commercial real estate<\/a><\/td>\n<\/tr>\n
Charlotte commercial real estate<\/a><\/td>Las Vegas commercial real estate<\/a><\/td>\n<\/tr>\n
Boston commercial real estate<\/a><\/td>Denver commercial real estate<\/a><\/td>\n<\/tr>\n
Atlanta commercial real estate<\/a><\/td>Washington, D.C. commercial real estate<\/a><\/td>\n<\/tr>\n
Miami commercial real estate<\/a><\/td>Brooklyn commercial real estate<\/a><\/td>\n<\/tr>\n
Irvine commercial real estate<\/a><\/td>Philadelphia commercial real estate<\/a><\/td>\n<\/tr>\n
Phoenix commercial real estate<\/a><\/td>San Diego commercial real estate<\/a><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

Trucking, storage and distribution company Great Central Transport has signed two leases totaling 344,000 square feet of industrial space in Compton, Calif. The largest of the two deals included a 200,000-square-foot industrial building at 601-615 W. Walnut St., which is owned by the San Francisco-based warehousing giant Prologis. The second deal was for a roughly 144,000-square-foot property at 921 Artesia Blvd. that\u2019s owned by JPMorgan Asset Management.<\/p>\n","protected":false},"author":56,"featured_media":34413,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[37,38,4014,41],"tags":[],"class_list":["post-34409","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-commercial-real-estate-news","category-deals","category-featured","category-industrial","wpautop"],"acf":[],"yoast_head":"\nLogistics Firm Leases Two Compton Warehouses | CommercialCafe<\/title>\n<meta name=\"description\" content=\"Great Central Transport has signed two leases totaling 344,000 square feet of industrial space in Compton, Calif. 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