Los Angeles, CA – Avison Young announces today it has negotiated a five-year lease of a 6.28-acre land parcel for industrial outdoor storage use located at 9361 Glenoaks Boulevard in Sun Valley, Calif., a submarket within the San Fernando Valley region of Los Angeles.

Avison Young Principal Patrick Barnes and Vice President Paul Clark who are both out of the firm’s downtown Los Angeles office and John DeGrinis of Newmark, represented the ownership, a private investor. The tenant, D & L Studio Transportation, Inc. was represented by Darrin Nickerson of IDS Real Estate Group.

“D & L Studio Transportation is relocating from its former space in Burbank,” said Barnes. “Our team advised and worked closely with ownership to negotiate a lease that maximized value for this IOS site in the San Fernando Valley submarket with an established, solid credit tenant that will use the space for movie trailer storage.”

He noted that outdoor storage space is increasingly hard to find and that this site garnered a number of tours and offers from area users.

The property is well-located near Interstate 5 and the Burbank Airport as well as proximate to Highway 170 and Interstate 210.