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May 15, 2019

Mutual Trading Company leases 300,000 square-feet at Goodman Logistics Center El Monte

The premier Japanese food, beverage and restaurant supply specialist leases space in new, tech-enabled logistics facility to enhance supply chain efficiency

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Mutual Trading Company, a premier Japanese food, beverage and restaurant supply specialist, leases 299,786 square-feet of a new modern, Class A logistics facility in El Monte, Calif., upgrading and consolidating its five previous locations in order to improve supply chain efficiency and expand to a bigger and more tech-enabled facility to support its U.S. growth. 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."

Established in 1926, Mutual Trading Company started as a small co-op organization and has grown into one of the largest Japanese foodservice suppliers importing, manufacturing and distributing over 5,000 Japanese foods, beverages, restaurant equipment and supplies for retailers and food service customers globally. Goodman Logistics Center El Monte will allow Mutual Trading Company to run operations more proficiently through tech-enabled facilities and drive distribution through its strategic location and superior site accessibility. 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.

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."

With Mutual Trading Company taking occupancy of its space in November 2019, there are additional leasing opportunities available for up to 935,657 square-feet of the remaining space for other companies in need of logistics facilities to enable growth and improve efficiency. The estate features 36-foot clear height, minimum 185-foot concrete truck courts and 164 trailer stalls creating a superior site for access and maneuvering space. The development also offers 24/7 operations, site security, 147 dock doors, offices to suit, ESFR sprinkler system and an LEED certified shell. The property is currently under construction and will be ready for move-in Q4 of 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. With a $2.7 billion development pipeline in the U.S., Goodman is an active developer in the Greater Los Angeles market and is currently pursuing new development and value-add acquisition opportunities. Goodman Logistics Center El Monte is located at 4300 Shirley Ave. in El Monte, Calif. For more information about Goodman North America or the El Monte property, please visit us.goodman.com or goodmanelmonte.com or follow Goodman Group on Twitter and LinkedIn.

More information: https://us.goodman.com/goodman-logistics-center-el-monte

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