This Week’s LA Deal Sheet

Daum Commercial Real Estate Services completed the lease of a roughly 182K SF corporate office and distribution property in City of Industry. The property at 17708 Rowland St. was leased for a total consideration of over $25M, according to Daum Commercial Executive Vice President and principal Dennis Sandoval. Sandoval and Daum Commercial Associate Vice President Kurt Yacko represented the tenant, Action Sales, which signed a 64-month lease with an option to extend. Action Sales, a food services and equipment supply company, will use the property as its corporate headquarters and a distribution hub. The landlord was represented by JLL’s Mike Fowler. The facility was a former distribution site for online technology retailer NewEgg.