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Cushman & Wakefield Arranges 123,000-Sq.-Ft. Lease with California Apparel Manufacturer
Topson Downs secures Full-Building Occupancy of a PREI-owned Distribution Facility
“Topson Downs, which had been using third-party logistics providers, decided to go in-house with those operations,”
The Culver City, Cal.-based Topson Downs, which was represented by Mike Poyer of Capital Real Estate Advisors, manufactures and distributes various products ranging from mass market private labels to high-end contemporary fashion. The company’s new distribution facility, which includes 10,000 square feet of office space, is situated within PREI’s 19-building Dominguez Hills Industrial Park, represented exclusively by Cushman & Wakefield, Inc.
“The building at 2500 South Edison Way had been vacant for just two months,” said Daschbach. “The reduced downtime on this and other industrial buildings in this market is a clear indication that the market is in a recovery mode. We are, in general, seeing less downtime than a year ago.”
Cushman & Wakefield, Inc.’s industrial brokerage platform provides global resources and local expertise for tenant and landlord representation, disposition and acquisition services, transaction management, and industrial consulting including labor and demographic analysis. In 2010, this group completed more than 4,800 industrial real estate transactions—