Max Fisher, BRD Realty, Sam Devouris & David Kimball, NAI Capital represented Piteau, a subsidiary of Tetratech (currently a 10B+ market cap) in the leasing of 13,000 SF at 7051 N Camino Martin. Formerly Bedroxx Bowling, Larsen Baker converted the building to four industrial bays. Piteau leased the Northeast bay. This lease is a testament to the strong industrial market, pushing lease rates north of $1.00 NNN. As vacancy continues to decline and lease rates increase, construction should pick up 2024-2025. The former Bedroxx bowling alley conversion is also an Opportunity Zone project. Isaac Figueroa and Elaina Elliott represented the Landlord, Larsen Baker.
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AuthorMax Fisher, Industrial Properties Broker Archives
September 2024
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