Mutual Trading Company, a Japanese food, beverage and restaurant supplier, has leased 299,786 square-feet at Goodman Logistics Center El Monte, Class A logistics facility in El Monte, California.
Japanese company will consolidate its five previous locations in order to improve supply chain efficiency and to support its U.S. growth.
Goodman Logistics Center El Monte is easily accessible—located less than one mile from the I-10, four miles west of the I-605, 18 miles from Downtown Los Angeles and 24 miles from the Port of Los Angeles/Long Beach.
The new two-building, 1,235,443 square-foot Goodman Logistics Center El Monte is owned and managed by Goodman Group, the global owner, developer and manager of industrial property and business space, and has additional space available for lease.
Masatoshi Ohata, President and CEO of Mutual Trading Company said: “We have been experiencing fantastic growth as the interest in authentic Japanese cuisine grows in Southern California. As a result, we were outgrowing our previous locations. Goodman Logistics Center El Monte provides the modern space needed for us to expand and grow, ultimately improving our supply chain and becoming more efficient for our customers. The decision to invest in this facility was an easy one as it is strategically located closer to our customer base strengthening our distribution channels in the U.S., all while maintaining our quality promise.”
Anthony Rozic, CEO of Goodman North America said: “Goodman Logistics Center El Monte further demonstrates our selective approach to building logistics facilities in strategic locations close to major freeways and transportation centers for the convenience of our customers such as Mutual Trading Company. We focus on targeted developments in areas that are in high demand, which increases the benefits for both the customer and the city. Goodman actively seeks to partner with and expand into progressive cities like the City of El Monte to establish new employment opportunities, support growth, provide more environmentally friendly buildings and improve surrounding infrastructure and safety for local residents—we go beyond just the building.”
The property is currently under construction and will be ready for move-in Q4 of 2019. Mutual Trading Company will move in to its space in November 2019.
Goodman Group is one of the world’s largest industrial property groups, with a global network spanning 17 countries and over $30 billion of assets under management.