COSTA MESA, CA, December 17, 2010 (Press-News.org) Watson Land Company, one of Southern California's largest industrial real estate developers, has leased a 258,678 square foot industrial building with 8.4 acres of excess land to NYK Logistics within Watson Industrial Center. The warehousing and distribution center will accommodate an expansion of the third party logistics provider's operations. The 27-month lease is valued at approximately $6 million.
Watson Land Company has now leased more than 730,000 square feet of space within the 6.7 million square foot Watson Industrial Center during the second half of 2010.
"The building's cross dock configuration coupled with the expansive land area allow us to expand in response to a growing demand for our services," said James Armstrong, Senior Vice President and General Manger of NYK Logistics.
The property is located on 18.52 acres at 771 Watsoncenter Road in Carson, Calif. and includes approximately 8.4 acres of excess land dedicated for trailer storage spots and 56 dock high truck positions.
Watson Land Company is currently completing an extensive renovation that includes an increased turning radius, increased dock-high loading capacity, a new facade and new office space.
Watson Industrial Center is located in the heart of the South Bay market in close proximity to major Los Angeles freeways, the Ports of Los Angeles and Long Beach, Los Angeles International Airport (LAX) and Long Beach Airport (LGB).
Jeffrey S. Morgan of CB Richard Ellis represented NYK Logistics in the transaction. Watson Land Company was represented in-house by Lance Ryan and Mike Bodlovich.
Watson Land Company
Watson Land Company's legacy extends two centuries to the Rancho San Pedro Spanish Land Grant. Today, the company is among the largest industrial developers in the nation. For additional information, visit www.watsonlandcompany.com.
NYK Logistics
NYK Logistics delivers fully integrated logistics solutions that include warehousing & distribution, freight forwarding, international network solutions, supply chain consulting, and IT solutions. NYK Logistics is a part of NYK Group. Since its founding in 1885, NYK has grown to become one of the world's leading shipping companies. The NYK Group has more than 30,000 employees around the world and offers various transportation services: Container Transport, RORO, Bulk and Energy resource transport, Terminal, and Cruises. For additional information, visit www.nyklogistics.com.
Idea Hall is a full-service public relations and marketing agency which offers proprietary, search engine optimized press releases. Learn more at www.ideahall.com.
NYK Logistics Leases 258,678 Square Foot Industrial Building Within Watson Industrial Center
Watson leases more than 730,000 square feet within Watson Industrial Center in second half of 2010.
2010-12-17
ELSE PRESS RELEASES FROM THIS DATE:
iPhone Insurance: Women More Savvy When it Comes to Insuring Their Mobile Phone, Says Protect Your Bubble
2010-12-17
New research* from iPhone insurance specialist Protect your bubble has revealed that women are more financially savvy when it comes to iPhone insurance, with 100% of all female respondents saying they have mobile phone insurance cover compared to just 40% of men.
The online poll revealed that:
- 50% of females have iPhone insurance via their network service provider and 50% via a standalone policy;
- this compares with just 20% of males who have cover via their network service provider and 20% who have cover via a standalone iPhone insurance policy;
- 53% of men said ...
Central Florida's Finest Properties Real Estate Website Focuses on Assisting Buyers & Sellers in Lake Mary
2010-12-17
Elizabeth Larsen, a Central Florida-based realtor, recently unveiled the new http://www.fla-property.com website, an innovative real estate portal that specifically targets the most desirable properties and homes for sale in the Greater Orlando area, including beautiful Lake Mary. The new Central Florida Properties website combines Mrs. Larsen's extensive experience and local expertise with exclusive property search technology to empower home buyers and sellers in the Greater Orlando Real Estate market.
Lake Mary: This upscale residential community is Seminole County's ...
Central Florida's Finest Properties Real Estate Website Focuses on Assisting Buyers & Sellers in Altamonte Springs
2010-12-17
Elizabeth Larsen, a Central Florida-based realtor, recently unveiled the new http://www.fla-property.com website, an innovative real estate portal that specifically targets the most desirable properties and homes for sale in the Greater Orlando area, including Altamonte Springs. The new Central Florida Properties website combines Mrs. Larsen's extensive experience and local expertise with exclusive property search technology to empower home buyers and sellers in the Greater Orlando Real Estate market,
Altamonte Springs: This gorgeous community is one of Central ...
Global Health Progress Commends European Union and India Agreement Increasing Access to Drugs in Developing Countries
2010-12-17
According to a Reuter's article, the European Union (EU) and India have come to an agreement which should ease the process of exporting Indian drug manufacturers' medicines to developing countries, increasing these countries' access to drugs.
Karel De Gucht, commissioner of the European Union (EU) has confirmed an agreement between the EU and India that will resolve some of the disputes that lead to the seizure of generic drugs in transit last year. This agreement will allow shipments of medication to pass through Europe to developing nations without being checked for ...
Four Ways to Commit Weapons Offenses in New Jersey
2010-12-17
There are four general ways to be convicted of a Weapons Offense in New Jersey. First, it is illegal to possess certain weapons that are very dangerous. Second, weapons cannot be possessed for an illegal purpose, meaning for the purpose of committing a crime. Third, it is illegal to possess certain weapons without a license or permit. Finally, there are certain people who based on their criminal record cannot have a weapon at all no matter what the circumstances are. This article will explain each of the four general ways to commit a weapons offense in New Jersey as well ...
Domestic Violence and Assault in New Jersey
2010-12-17
The definition of domestic violence is action taken by one partner in a relationship to control the other. Under New Jersey domestic violence laws, when a domestic violence victim dials 911, the alleged offender must be arrested if there is a single sign of physical injury. In such domestic violence cases, a restraining order will usually result frequently coupled with a charge for the physical injury. Domestic violence includes all sorts of actions and can range anywhere from sexual assault, aggravated assault and stalking to name calling or withholding money from a partner. ...
Stages of DUI/DWI in New Jersey
2010-12-17
Traffic Stop & Arrest
A DUI/DWI begins with a traffic stop. For an officer to have the right to pull someone over, he must have a reasonable 'articulable' suspicion that a traffic violation has occurred. 'Articulable' means more than just a mere hunch, but a reason that can be put into words. Examples of a proper reason include swerving, speeding, or even a broken tail light. It can be any violation, and if an officer witnesses a violation that is not related to a DUI/DWI, and properly pulls the driver over, that stop will still be proper if the driver is later arrested ...
The Penalties and Stigma of Child Abuse Convictions
2010-12-17
New Jersey Child Abuse Laws
In New Jersey, when a person commits an act of child abuse, he will be charged with first or second degree sexual assault. In order to understand the laws on child abuse that are laid out below, it is important to know the meaning of sexual penetration. Sexual penetration is defined as vaginal intercourse, cunnilingus, fellatio, anal intercourse, and insertion of the hand, finger or object into the anus or vagina. It does not matter how deep the penetration is. A little is enough. In New Jersey, an act of sexual penetration must be committed ...
The Run-Down on Minor Marijuana Possession in NJ
2010-12-17
Recently, many states have experienced a trend toward leniency for the simple possession of marijuana without the intent to distribute. In New Jersey, simple possession of less than 50 grams of marijuana is a disorderly persons offense, which is a minor offense, distinguished from the indictable crime of possession of more than 50 grams of marijuana. Possession of less than 50 grams of marijuana carries maximum penalties of up to 6 months in prison and $1,000 in fines, but first time offenders is eligible for a diversionary program known as a Conditional Discharge. Diversionary ...
Shoplifting and Detention Laws in New Jersey
2010-12-17
The 5 Ways to Commit Shoplifting
Under the applicable New Jersey statute for shoplifting, N.J.S.A. 2C:20-11, there are five different scenarios in which a person can commit shoplifting in New Jersey. First, shoplifting occurs when a person purposely takes merchandise from a store with the intent to permanently deprive the owner of its benefit. A???Intent to permanently deprive' generally means the intent to not pay for the item.
A second way shoplifting occurs is when a person enters a store and purposely hides an item with the intent to take it from the store without ...
LAST 30 PRESS RELEASES:
New deep-learning tool can tell if your salmon is wild or farmed
If you're over 60 and playing with sex toys, you're not alone
Fame itself may be critical factor in shortening singers’ lives
Daily coffee drinking may slow biological ageing of people with major mental illness
New highly efficient material turns motion into power – without toxic lead
The DEVILS in the details: New research reveals how the cosmic landscape impacts the galaxy lifecycle
After nearly 100 years, scientists may have detected dark matter
Gender imbalance hinders equitable environmental governance, say UN scientists
Six University of Tennessee faculty among world’s most highly cited researchers
A type of immune cell could hold a key to preventing scar tissue buildup in wounds
Mountains as water towers: New research highlights warming differences between high and low elevations
University of Tennessee secures $1 million NSF grant to build semiconductor workforce pipeline
Biochar shows powerful potential to build cleaner and more sustainable cities worldwide
UT Health San Antonio leads $4 million study on glucagon hormone’s role in diabetes, obesity
65-year-old framework challenged by modern research
AI tool helps visually impaired users ‘feel’ where objects are in real time
Collaborating minds think alike, processing information in similar ways in a shared task
Routine first trimester ultrasounds lead to earlier detection of fetal anomalies
Royal recognition for university’s dementia work
It’s a bird, it’s a drone, it’s both: AI tech monitors turkey behavior
Bormioli Luigi renews LionGlass deal with Penn State after successful trial run
Are developers prepared to control super-intelligent AI?
A step toward practical photonic quantum neural networks
Study identifies target for disease hyper progression after immunotherapy in kidney cancer
Concordia researchers identify key marker linking coronary artery disease to cognitive decline
HER2-targeted therapy shows promising results in rare bile duct cancers
Metabolic roots of memory loss
Clinical outcomes and in-hospital mortality rate following heart valve replacements at a tertiary-care hospital
Too sick to socialize: How the brain and immune system promote staying in bed
Seal milk more refined than breast milk
[Press-News.org] NYK Logistics Leases 258,678 Square Foot Industrial Building Within Watson Industrial CenterWatson leases more than 730,000 square feet within Watson Industrial Center in second half of 2010.