A.P. Moller-Maersk subsidiary signs 10-year agreement for warehouse complex in Santa Fe Springs.
The A.P. Moller-Maersk subsidiary Damco has leased a nearly 1 million-square-foot warehouse complex in Santa Fe Springs, Calif., from Goodman Group.
Goodman said Damco signed a new 10-year lease for 989,809 square feet spread across six buildings set on 75 acres, including 18 acres of trailer parking. The facility is located about 20 miles northeast of the Ports of Los Angeles and Long Beach.
“This facility deepens our commitment to our customers while enhancing our ability to provide world-class logistics services,” said Bill Peratt, president of Damco Distribution Services Inc., the warehouse and distribution arm of DAMCO in North America.
He said Damco works with customers in the fashion, retail, chemical, fast-moving consumer goods and technology sectors “to co-create supply chain optimization programs.”
Damco leases Los Angeles-area logistics center
