December 2010 - DEDEAUX PROPERTIES PROJECT 100% STABILIZED

 

City of Industry, CA -

Dedeaux Properties LLC (www.dedeauxproperties.com) has leased

the last of 4 units at their recently completed 71,460 sq. ft. multi-tenant industrial building in

City of Industry. Tenant JBC Safety Plastics, Inc. will occupy the 16,694 SF space beginning

December 2010 with a 65 month lease deal valued at over $726,000. The tenant was represented

by Sam Chu of CB Richard Ellis.

 

“Building a speculative multi-tenant industrial facility in 2009 definitely required

a thorough analysis of the market fundamentals by our team. We determined that

quality, well-designed product at a prime location in the solid San Gabriel Valley

sub-market would still perform strongly in a down market while taking advantage

of low construction costs. The lease of the final unit validated our strategy,”

according to Brett Dedeaux.

 

Dedeaux Properties is currently pursuing additional industrial acquisition and

development opportunities.

 

Headquartered in Philadelphia and Los Angeles, Binswanger / Realty Advisory Group is

an international, full-service real estate organization with over 160 offices worldwide

throughout the U.S., Canada, Mexico and South America, the U.K. and Europe, the

Middle East, the Far East, South Africa and Australia. Binswanger / Realty Advisory

Group serves its clients directly from U.S. and international offices with acquisition and

disposition, property marketing, property management, appraisal, construction

management, and financial and advisory services.