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COSTA MESA, CA, May 06, 2010 /24-7PressRelease/ -- Watson Land Company, one of Southern California's largest industrial real estate developers, has leased 119,077 square feet of industrial space within the Dominguez Technology Center to C.H. Robinson Worldwide (C.H. Robinson), one of the world's largest third party logistics (3PL) providers. The five-year lease is valued at $5 million.
The Eden Prairie, Minn.-based company is relocating from its prior location in Compton, Calif. in order to expand its operations and bolster its global distribution platform.
"As a global logistics provider with more than 35,000 clients throughout the world, C.H. Robinson required a facility with the location and functionality to meet the needs of its extensive distribution network," said Lance Ryan, vice president of marketing and leasing with Watson Land Company. "Locating within the Dominguez Technology Center will allow the firm to both enhance its current operational efficiencies and expand its global reach."
The property is located at 18620 Harmon Avenue in Carson within the master-planned Dominguez Technology Center. The Center is located within close proximity to major Los Angeles freeways and both the ports and airports of Long Beach and is currently home to Hitachi Transport, Target Logistic Services, Forward Air, Inc., Huffy, DHL and Dermalogica, among other distinguished companies.
The property features 23 dock high positions, a 32-foot ceiling clearance, a 135-foot truck turning radius and abundant clerestory glass.
Dina Zavislak, managing partner with Mohr Partners represented C.H. Robinson in the transaction. Watson Land Company was represented in-house by Lance Ryan and Mike Bodlovich.
Watson Land Company
Watson Land Company's legacy extends two centuries to the Rancho San Pedro Spanish Land Grant. Today, the company is among the largest industrial developers in the nation. For additional information, visit www.watsonlandcompany.com.
C.H. Robinson Worldwide, Inc.
Founded in 1905, C.H. Robinson Worldwide, Inc., is a global provider of multimodal logistics services, fresh produce sourcing, and information services to 35,000 customers through a network of more than 235 offices and approximately 7,300 employees around the world. The company works with 47,000 transportation providers worldwide. C.H. Robinson is a Fortune 500 company and had annual revenues of $7.6 billion in 2009.
Through the company and its Foundation, C.H. Robinson and its employees contribute millions of dollars annually to a variety of organizations, including the Juvenile Diabetes Research Foundation, Community Health Charities, the American Cancer Society, the American Logistics Aid Network, Children's Hospital and Clinics of Minnesota, Sustainable Harvest International, and the United Way. The company is headquartered in Eden Prairie, Minnesota, and has been publicly traded on the Nasdaq since 1997. For more information about C.H. Robinson, visit http://www.chrobinson.com.
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