Rakuten Super Logistics leases Anaheim building as a fulfillment center
Rakuten Super Logistics has leased a 60,809-square-foot industrial building in Anaheim for five years. The facility is the first fulfillment center for the e-commerce distributor in California.
Terms of the lease were not disclosed.
DAUM Commercial Real Estate Services represented the lessor, a joint venture formed by Panattoni Development Company and a fund represented by Principal Real Estate Investors.
The building, at 1365 S. Van Buren St., is part of the newly completed Orange County Commerce Center, a Class A industrial development that is home to four buildings totaling 232,000 square feet. The complex sits on 10 acres on the Anaheim-Placentia border.
RSL’s lease includes 8,156 square feet of two-story office space at the southeast corner of the building.
Chris Migliori and Paul Gingrich, both executive vice presidents in DAUM’s Orange County office, previously signed the complex’s first lease last year to a residential roofing distributor. The roofer signed a 10-year lease for 69,882 square feet, fully occupying one of the center’s buildings.
“There is strong demand and little availability in the 45,000- to 70,000-square-foot range in the North Orange County submarket,” said Migliori in a statement.
In a press release released in February, RSL said it would open six fulfillment centers in 2019, expanding its operations to a total of 18 markets.