Lief Labs, a manufacturer and product development innovator of dietary supplements, signed a 111,260 square-foot industrial lease in Valencia, announced Dallas-based commercial real estate firm CBRE.
CBRE’s Craig Peters and Sam Glendon represented the landlord, Rexford Industrial, in the transaction. Ashland Pacific represented Lief Labs. Lief Labs signed a long-term lease for the entire building, located at 29025 – 29055 Avenue Paine, which is currently under construction and is expected to be completed by December of 2021. Initially designed as a four-tenant property, Rexford will be making minor interior modifications to accommodate Lief’s specific needs.
Lief Labs, which began business in 2008, was recognized on the Inc. 5000 fastest-growing private companies list six times and has been rapidly expanding. In 2018, Lief Labs leased the adjacent 112,000 square-foot building located at 28903 Avenue Paine, which is also owned by Rexford Industrial. Lief will remain in the space, and the adjacent state-of-the art facilities will function as Lief’s primary operational hub.