Saint Helena, Calif. (August 6, 2019) – Colliers International announces the recent lease of a ± 26,700 square foot industrial building to LMR Destinations.
The property is managed by Young’s Holdings, Inc. and was leased to LMR Destinations. Young’s Holdings Inc. is the parent company to Young’s Market Company, the leading industry in wholesale and distribution of wines, spirits, and select beverages in the western United States.
377 McCormick Street is situated on ±1.58 acres and located along Highway 128. The property features include 17’-19’ clear height, 2 dock-high doors, and 400 amps; 120/208 volts. The tenant will improve the facility for wine storage.
Greig Lagomarsino, SIOR, Steve Crocker, and Rick Keely of Colliers International represented the Tenant, while Elliott Faxstein represented the Landlord in this transaction.About Colliers International Group
Colliers International (NASDAQ, TSX: CIGI) is a leading global real estate services and investment management company. With operations in 68 countries, our 14,000 enterprising people work collaboratively to provide expert advice and services to maximize the value of property for real estate occupiers, owners and investors. For more than 20 years, our experienced leadership team, owning more than 40% of our equity, have delivered industry-leading investment returns for shareholders. In 2018, corporate revenues were $2.8 billion ($3.3 billion including affiliates), with more than $26 billion of assets under management.
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