JLL negotiates 170,000 s/f Kenco relocation.LOS ANGELES Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. , CA: Jones Lang LaSalle Jones Lang LaSalle (NYSE: JLL) is a major real estate and money management services firm headquartered in the Aon Center in Chicago, Illinois and the only company in its industry making it into Fortune magazine's list of the 100 Best Places to Work in the U.S. announced that Kenco Group, Inc, one of the nation's largest third-party logistics A third-party logistics provider (abbreviated 3PL) is a firm that provides outsourced or "third party" logistics services to companies for part, or sometimes all of their supply chain management function. providers, has signed a new lease to occupy a Class A 170,671 s/f free-standing industrial building located at 14651 Yorba Avenue in the 1.8 million square foot master-planned Centerpointe Chino Chino (chē`nō), city (1990 pop. 59,682), San Bernardino co., S Calif.; founded 1887, inc. 1910. It is the business and processing center of a diversified farming (notably dairying) area. Business Park in Chino, California. The Jones Lang LaSalle team of senior vice president Sam Foster and associate Steven Golubchik, of the firm's Los Angeles office, in conjunction with vice president Amber Taylor, of Jones Lang LaSalle's Dallas office, represented Kenco Group in this transaction valued at $5 million. Phil Lombardo and Sean Austin, of Trammell Crow Company, represented the landlord, Kennedy & Associates. Tennessee-based Kenco Group, who will be relocating from their current 117,000 s/f facility in Ontario, has plans to move into the award-winning Centerpointe Chino building in September of 2006. Kenco Group's new enhanced operations at Centerpointe Chino will serve as the firm's regional distribution hub for The Greater Los Angeles Basin The Los Angeles Basin is the coastal sediment-filled plain located between the peninsular and transverse ranges in southern California in the United States containing the central part of the city of Los Angeles as well as its southern and southeastern suburbs (both in Los Angeles . The modern food-grade facility will serve customers with a need for overflow, port deconsolidation, value-added services and fulfillment. Other national tenants such as Proctor & Gamble and Pepsi Cola have recently signed on as tenants at the well-located Centerpointe Chino Business Park, which offers convenient access to both the (60) and (71) freeways. |
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