Commerce warehouse finds a tenant

COMMERCE - Insul-Therm International, a company that manufactures and distributes insulation products for industrial and commercial insulation markets, has leased a 47,500 square-foot industrial warehouse in Commerce.The seven-year, $1.6 million deal was negotiated by Voit Real Estate Services. The lease agreement marks an expansion by Insul-Therm, which is relocating from a 30,000 square foot building also in Commerce. "This is a rare expansion for a manufacturing company in California. The market for Class B industrial buildings continues to struggle because of the shrinking manufacturing sector," said David Fults, of Voit's greater Los Angeles office.

********** Published: June 07, 2012 - Volume 11 - Issue 08