NAI Capital Secured a 10-year Lease to ACME Moving and Storage
ACME Moving and Storage Signs 10-Year Lease in Palm Desert
Palm Desert, CA, Tuesday, August 18, 2015–Senior Vice President Lynn Coker with NAI Capital secured a 10-year lease to ACME Moving and Storage. The company based out of Palm Desert, CA will open its largest location in California at 77550 Enfield Lane, Palm Desert, Calif. Coker, represented the owners in the transaction.
77550 Enfield Lane is a 32,250 square foot warehouse located in the Country Club Business Park, west of Washington Street off Country Club Drive. The two story building is situated on 1.60 acres of land on Enfield Lane in a prime location within the East Inland Empire industrial submarket. The Southern Pacific railroad runs directly to the north of the property along the 10 freeway. The concrete tilt-up building was constructed in 1990. It has 24 foot clear height and features a 4,800 square foot office. There are 23 parking stalls on an 11,000 square foot private parking lot. The site has very good ingress and egress functionality.
Coker said, “This property presented ACME Moving and Storage with the opportunity to move into an existing high identity business park with great visibility, signage and plenty of parking. The location points to ACME doing extremely well. Where desired, ACME can consolidate operations plus expand their services offering simultaneously.” The site has outstanding demographics; 109,871 people live within a 5 mile radius with a $57,919 average household income surrounded by excellent retail amenities. The Desert Oasis Apartment Homes, a 320 unit apartment community, is down the street on Country Club Drive. Coker added, “My clients are exceptionally pleased to have ACME Moving and Storage as their tenant along with a fully leased building. This 10-year lease is a real value add for the property and should attract prospective buyers willing to pay in excess of $120 per square foot for a triple net asset like this.”
About NAI Capital
NAI Capital is a leading Southern California commercial real estate firm headquartered in Encino, California. With 14 offices throughout Los Angeles, Orange, Riverside, San Bernardino and Ventura Counties, NAI Capital is the Southern California member of NAI Global, a premier real estate service network with 375 local offices and 6,700 local market leaders spanning the globe. Since 1979, NAI Capital clients have built their businesses on the power of our expanding network. Our extensive services include: multi-site acquisitions and dispositions, sublease, tenant representation, lease administration and audit, investment services, due diligence and related consulting and advisory services.
NAI Capital Brokerage CA BRE #00806840.
To learn more, visit www.naicapital.com
About NAI Global
NAI Global is the single largest, most powerful global network of owner-operated commercial real estate brokerage firms. NAI Global provides a full range of corporate real estate services, including brokerage and leasing, property and facilities management, real estate investment and capital market services, due diligence, global supply chain and logistics consulting and related advisory services. NAI Global Member firms, leaders in their local markets, are actively managed to work in unison and provide clients with exceptional solutions to their commercial real estate needs. Founded in 1978, today NAI Global has more than 375 offices strategically located throughout North America, Latin America, Europe and Asia Pacific, with over 6,700 local market professionals, managing over 380 million square feet of property. Supported by the central resources of the NAI Global network, Member firms deliver market-leading services locally and combine their in-market strengths to form a powerful bond of insights and execution for clients with multi-market challenges.
NAI Global was acquired in 2012 by C-III Capital Partners, a leading commercial real estate services company engaged in a broad range of activities, including primary and special loan servicing, loan origination, fund management, CDO management, principal investment, online capital markets, title services and multifamily property management. C-III’s principal place of business is located in Irving, TX, with additional offices in New York, NY, Greenville, SC and Nashville, TN.
To learn more, visit www.naiglobal.com.
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