Herbalife expands distribution facilities
Nutritional-supplement company Herbalife International Inc. expanded its Carson distribution facilities by 82% when it moved to a larger building owned by its longtime landlord, Watson Land Co.
Herbalife has moved from an 82,000-square-foot warehouse it had occupied since 1996 in the Watson Industrial Center into a 148,908-square-foot industrial property at 18431 Wilmington Ave. in Watson Land’s nearby Dominguez Technology Center, the landlord said.
The value of Herbalife’s 10-year lease was not disclosed, but Watson Land asks for rents in the range of 60 cents per square foot per month in Dominguez Technology Center, according to real estate data provider CoStar Group Inc.
The facility is Herbalife’s Los Angeles distribution headquarters. Watson Land has signed 1.1 million square feet of leases in 2011, the company said.
Photo: Herbalife’s new distribution center. Credit: Watson Land Co.