SAN DIEGO – Cassidy Turley San Diego, the region’s market leader in commercial real estate services, today announced that the company facilitated the largest industrial lease signed in East County in the last five years for $2.8-million.
Layfield Environmental Systems Corporation leased 67,344 square feet of industrial space for seven years at 2500 Sweetwater Springs Boulevard in Spring Valley. The company moved and expanded from a 30,000-square-foot space in El Cajon.
“This transaction required strong collaboration between the tenant and landlord brokers as well as extreme creativity on the landlord’s part to complete the transaction,” said Kerry Schimpf of Cassidy Turley, who represented the tenant in the transaction along with his colleague, Cameron Czubernat. “All parties were very satisfied with the outcome.”
Ron Bement of CBRE represented the landlord, Rancho San Diego Industrial Center LLC.
About Cassidy Turley
Cassidy Turley is a leading commercial real estate services provider with more than 3,500 professionals in more than 60 offices nationwide. The company represents a wide range of clients—from small businesses to Fortune 500 companies, from local non-profits to major institutions. The firm completed transactions valued at $22 billion in 2011, manages 455 million square feet on behalf of institutional, corporate and private clients and supports more than 28,000 domestic corporate services locations. Cassidy Turley serves owners, investors and tenants with a full spectrum of integrated commercial real estate services—including capital markets, tenant representation, corporate services, project leasing, property management, project and development services, and research and consulting. Cassidy Turley enhances its global service delivery outside of North America through a partnership with GVA, giving clients access to commercial real estate professionals across the globe. Please visit www.cassidyturley.com for more information about Cassidy Turley.
Cassidy Turley provides regional real estate services with local market leader Cassidy Turley San Diego. The company’s dominant market presence includes more than 160 professionals and staff in five local offices and recorded more than $1.2 billion in transactions in 2011. For more information about Cassidy Turley San Diego, please visit www.cassidyturley.com/sandiego or contact Dan Broderick, President and CEO of Cassidy Turley San Diego.