CORFAC News

Contact: Frank Geraci
909-545-8006
fgeraci@voitco.com

Irwindale, CA (May 8,2013) – Frank Geraci, Juan Gutierrez, and Walt Chenoweth of Voit Real Estate Service/CORFAC International’s Ontario office have successfully directed a 220,000 square foot lease renewal transaction in four separate buildings,  on behalf of the Tenant, Nellson Nutraceutical LLC.  Nellson Nutraceutical, a leading third party manufacturer of nutrition bars and functional powders, currently occupies all four buildings and uses them as Corporate Headquarters, food production and distribution space.

“We originally began this project with Nellson in early 2012.  After analyzing the various options throughout the region, Nellson decided that their best strategy would be to renew the leases at the current locations in order to avoid any business disruptions,” explained Gutierrez.  “We were able to create a win-win for Nellson, the various ownerships, and the City of Irwindale”.

The 220,000 square foot lease is the largest industrial lease year-to-date within the San Gabriel Valley marketplace.  The lessors represented themselves.

About Voit Real Estate Services/CORFAC International
Voit Real Estate Services is now a 10 office commercial real estate firm that, through its brokerage and real estate management professionals working together, provides strategic property solutions tailored to clients' needs.  Combining 40 years of expertise in brokerage, investment advisory, financial analysis, market research, real estate management and tenant advisory, Voit provides clients with forward looking strategies that create value for their assets and portfolios.

Voit is a privately held, debt-free firm that has successfully navigated numerous market cycles since 1971 and currently employs more than 250 people. Voit has owned, developed and managed over 53 million square feet of commercial real estate, participated in $1.4 billion of construction projects and completed over $36 billion in brokerage transaction volume.  Further information is available at www.voitco.com.