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Article: Former Nissan campus in South Bay finds tenants.(Up Front)(Nissan North America Inc.)
- Article from:
- Los Angeles Business Journal
- Article date:
- December 17, 2007
- Author:
CopyrightCOPYRIGHT 2007 CBJ, L.P. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Just over a year after Nissan North America left its South Bay headquarters for the lower costs of Tennessee, the majority of the space on its 42-acre former campus has been sold.
Los Angeles-based Kearny Real Estate Co. recently sold six of the buildings at the site, marking a speedy turnaround for the large property, which has 13 office and light industrial buildings and over 700,000 square feet of space.
Though the departure of Nissan had generated concern over the strength of the local economy, experts say the deal reflects a strong commercial market in the South Bay.
"The commercial space in a lot of jurisdictions throughout the South Bay ...