RANCHO DOMINGUEZ, CA—Sims Recycling Solutions has renewed its lease for 103,170 sq. ft. of industrial at 20212 South Rancho Way here.
Sims will continue to occupy the space for its regional office. Jones Lang LaSalle Los Angeles team members Mike Condon, Zac Sakowski and Barry Hill represented Sims Recycling Solutions. The landlord, the Carson Cos., represented itself.
“The South Bay industrial market continues to see high demand from consumer goods and logistics companies," said Condon in a statement. "Absorption in the market is being driven by warehouse/distribution companies. Despite the recent strike threat at the ports of Los Angeles and Long Beach, we expect positive fourth quarter net absorption and momentum going into the first quarter of 2013.”