SANTA FE SPRINGS, Calif.,
Dec. 16, 2021 /PRNewswire-PRWeb/ --
Savills announced that it completed a 150,000 square-foot lease
relocation and expansion on behalf of Bay Cities at 9206 Santa Fe
Springs Road, a second-generation, Class A industrial property in
Santa Fe Springs.
Bay Cities, North America's
most innovative packaging and design company headquartered in
Pico Rivera, is the leading expert
in pack out and fulfillment operations. With the addition of the
Santa Fe Springs facility, Bay
Cities' facilities now consists of over 700,000 square feet of
combined space providing the ability to have 20 production
lines.
Bart Pucci, a senior managing
director specializing in industrial and creative office services at
Savills, represented Bay Cities' in the 10-year transaction with
options to extend. As a longtime advisor to the company, he has
represented Bay Cities in its real estate decisions for over 25
years.
"This state-of-the-art facility for Bay Cities is ideally
situated less than three miles from the company's headquarters,
making it extremely convenient and desirable for its employees and
client base," Pucci said. "After evaluating multiple properties in
the area, as well as several build-to-suit options, we worked
quickly to secure the space as soon as it hit the market. Given the
warehouse shortage and the e-commerce boom, this was a fast-moving
transaction, and the competition was fierce. But at the end of the
day, we successfully negotiated a creative solution that will
provide the space and power Bay Cities needs as it furthers its
expansion in Southern
California."
The Santa Fe Springs facility
has 29 loading positions, 12 assembly lines and offers heavy power
(2400 amps) and around-the-clock security. The services that will
be provided are:
- Pallet display pack out
- Full POP display pack out, kitting, rework, labeling, sorting,
bundling
- Fulfillment
- Assembly for products, packaging, and displays
- Distribution and Cross Docking
The Santa Fe Springs facility
will be certified and licensed for AIB GMP (American Institute of
Baking), ABC (Alcoholic Beverage Control), FDA (Federal Drug
Administration), California Department of Public Health – Certified
Organic, Processed Food, Pharmaceutical Wholesale Drug Permit, and
USDA Organic.
"This new facility in Santa Fe
Springs, just minutes away from our Pico Rivera headquarters, will ensure
efficiency and add to our outstanding ability to execute and
deliver high-volume programs throughout the Southern California region," said Greg Tucker, CEO of Bay Cities.
"Technologically-advanced capabilities ensure speed and accuracy in
our expanding pack out and fulfillment facilities."
Bay Cities' expansion further solidifies the strength of
Los Angeles' industrial leasing
market. According to Savill's research, the vacancy rate for
warehouse and distribution space is less than 2% in Southern California, which has been
accelerated by the rise of e-commerce during the pandemic.
Oltmans Construction, the owner of 9206 Santa Fe Springs Road,
was represented by Kevin Romano and
Joe Maiolo of INCO Commercial
Brokerage.
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About Savills Inc.
Savills helps organizations find the right solutions that ensure
employee success. Sharply skilled and fiercely dedicated, the
firm's integrated teams of consultants and brokers are experts in
better real estate. With services in tenant representation,
workforce and incentives strategy, workplace strategy and occupant
experience, project management, and capital markets, Savills has
elevated the potential of workplaces around the corner, and around
the world, for 160 years and counting.
For more information, please visit Savills.us and follow us on
LinkedIn, Twitter, Instagram, and Facebook.
About Bay Cities
Bay Cities is North America's most
innovative packaging and design company, providing integrated,
end-to-end packaging, display, and logistics solutions that are
proven to drive sales, both on-shelf and online. Powered by
technology and the best people, Bay Cities works seamlessly with
brands and retailers to design and deliver product packaging and
in-store display programs with ease and accuracy. For more
information, please visit Bay Cities' website at
https://www.bay-cities.com/ and follow us on LinkedIn, Twitter,
Instagram, and Facebook.
Media Contact
Marketing Team, Bay Cities, 562-948-3751,
info@bay-cities.com
Twitter, LinkedIn, Facebook
SOURCE Bay Cities